Optionality
free — but the two realms differ in KIND of lock. SpaceX is a genuine supervoting lock (42% of outstanding shares, 85% of voting power via special stock — outside IPO holders cannot bind him). Tesla has no supervoting class (single-class common); his ~13% stake plus board deference plus the $1T pay package is influence-based control, not an equity lock — a real but lesser-order constraint than SpaceX's. xAI is folded into SpaceXAI, no separate stake.
Sourced figures 3
- Wikipedia — SpaceX SpaceX: Musk holds 42% of outstanding shares and controls 85% of voting power via super-voting stock
- Wikipedia — Tesla, Inc. Tesla: Musk owns 13% of Tesla (Financials as of Dec-31-2025); single class of common stock, no supervoting mechanism found
- kestrel board.yaml spacex optionality axis spacex optionality: free — Musk ~82% voting so outside holders cannot bind him
the working
Threads 3
A claim is one metric we assert about a node — the value is the summary, this page is the receipt. Sourced from kestrel; supersedes-history not yet shown. Back to Elon Musk.