Optionality
free-ish — Musk ~82-85% voting so outside holders cannot bind him; documented cross-venture redeployment; thin post-IPO locked overlay (Aug-6-2026 lock-up, 911.5M shares) + a real execution constraint: the consolidated AI arm is burning cash at a rate in the ~$1B+/mo neighborhood (directional, not exact), which pressures the pace of buybacks/discretion even though it doesn't touch Musk's control
Sourced figures 2
- Wikipedia — SpaceX infobox Musk 42% equity / 82% voting control (one section states 85%)
- Wikipedia — xAI (company) + kestrel finding (424B4/S-1) xAI FY2025 operating loss -$6.4B (~$533M/mo run-rate); SpaceXAI Q1-26 cash burn ~$8.8B in the quarter (~$2.9B/mo, broader than just AI-arm opex)
the working
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 SpaceXAI.