Key Takeaways
- Regulatory 13G filing reveals Elon Musk’s ownership of 48.4% of SpaceX as of June 30, 2026
- Musk’s 6.42 billion-share position carries a valuation exceeding $900 billion based on current trading prices
- Despite holding under 50% economic ownership, Musk commands over 82% of voting control
- Musk clarified that significant portions of his stake remain contingent on ambitious performance milestones
- Norway’s sovereign wealth fund disclosed ownership of 0.05%, valued at approximately $1.2 billion
New regulatory documents have shed light on the complete extent of Elon Musk’s ownership position in SpaceX, including critical information regarding which portions have fully vested.
According to the 13G filing lodged on Thursday, Musk owns 6.42 billion shares of SpaceX Class A common stock dated June 30. This represents a 48.4% ownership position in the aerospace manufacturer.
Based on prevailing market valuations, this holding exceeds $900 billion in total value. However, Musk immediately contested that figure’s accuracy.
In a statement posted on X, he clarified that certain shares “only vest on extremely crazy good outcomes for SpaceX,” indicating his actual vested ownership percentage falls below what the regulatory document might imply.
Breakdown of Musk’s Ownership Structure
The share distribution is organized across multiple classifications. Approximately 849.5 million consist of Class A shares maintained in trusts where Musk functions as the designated trustee. An additional 3.92 billion are Class B shares within those identical trust arrangements.
Musk directly owns 1.30 billion restricted Class B shares, while maintaining options encompassing another 350 million Class B shares. According to the filing, he possesses exclusive voting authority and dispositive control across all 6.42 billion shares.
Though his economic ownership remains marginally beneath 50%, Musk wields more than 82% of SpaceX’s aggregate voting power. This concentration provides him decisive influence over corporate strategy.
All 6.4 billion of Musk’s shares face restrictions preventing sale until June 2027.
Volatile Performance Following SpaceX Public Debut
SpaceX completed its initial public offering on June 12, generating $85.7 billion in capital and momentarily driving the company’s market capitalization beyond $2 trillion. The offering priced shares at $135.
The subsequent trajectory proved turbulent. Stock prices declined to $105.11 during early August when approximately 911.5 million insider-held shares became tradable for the first time.
At that juncture, shares had plummeted over 50% from their June 16 high of $225.64. The price also traded roughly 20% beneath the IPO level.
This downturn followed SpaceX’s inaugural earnings disclosure, which revealed capital expenditures exceeding double the company’s revenue. Nevertheless, the reported $7.8 billion in revenue surpassed analyst projections.
Share prices have since regained partial momentum. SpaceX stock finished Thursday at $141.29, declining 3.33% during the session, before advancing to $143.40 in Friday’s premarket activity. The stock has appreciated 3.83% over the trailing month.
Another significant revelation accompanied Musk’s filing. Norway’s Government Pension Fund Global reported holding a 0.05% ownership stake in SpaceX, valued at slightly above $1.2 billion as of June 30.
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