Musk Holds 48.4% Stake in SpaceX, Filing Shows

A regulatory filing has revealed that Elon Musk holds a 48.4 percent stake in SpaceX, translating to over 6.42 billion shares valued at more than $900 billion at current market prices. The disclosure, made in a 13G filing submitted to the Securities and Exchange Commission on August 13, 2026, details Musk's position as of June 30, 2026. Despite owning less than half the company's equity, the filing confirms Musk controls more than 82 percent of SpaceX's total voting power.

The filing breaks down Musk's holdings into several categories. Trusts where he serves as trustee hold 849.5 million Class A shares and 3.92 billion Class B shares. He directly holds 1.30 billion restricted Class B shares and has options covering an additional 350 million Class B shares. The company's dual-class share structure is key to the disparity between ownership and control; Class A shares carry one vote per share, while Class B shares carry ten votes each. This arrangement gives Musk sole voting and dispositive power over his entire stake, ensuring his firm grip on the company's direction.

Musk has publicly pushed back on the $900 billion valuation figure, stating that a portion of his shares are...