Space Exploration Technologies Corp. reports that Elon R. Musk beneficially owns 6,418,547,515 shares of Class A common stock on an as-converted basis, representing 48.4% of that class. This total includes Class A shares, multiple categories of Class B shares, and options that are exercisable within 60 days of June 30, 2026.
The holding comprises 849,494,440 Class A shares held by trusts, 3,916,980,790 Class B shares held by trusts, 1,302,072,285 restricted Class B shares issued to Elon Musk, and 350,000,000 Class B options. Each Class B share is convertible into one Class A share and generally carries 10 votes per share, versus 1 vote for each Class A share, giving Musk 6,418,547,515 shares with sole voting and dispositive power.
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Key Figures
Beneficial ownership (as-converted Class A):6,418,547,515 sharesPercent of Class A beneficially owned:48.4%Class A shares held by trusts:849,494,440 shares+5 more
8 metrics
Beneficial ownership (as-converted Class A)6,418,547,515 sharesTotal Class A equivalent shares beneficially owned by Elon Musk
Percent of Class A beneficially owned48.4%Percentage of Class A common stock beneficially owned by Elon Musk
Class A shares held by trusts849,494,440 sharesClass A common stock held of record by trusts where Elon Musk is trustee
Class B shares held by trusts3,916,980,790 sharesClass B common stock held of record by trusts where Elon Musk is trustee
Restricted Class B shares1,302,072,285 sharesRestricted Class B common stock issued to Elon Musk, subject to performance and other conditions
Class B options350,000,000 sharesShares of Class B common stock issuable upon exercise of options exercisable within 60 days of June 30, 2026
Class A shares outstanding baseline7,696,293,669 sharesClass A shares outstanding as of July 28, 2026, used in ownership percentage calculation
Voting power per Class B share10 votes per shareEach Class B common share entitles its holder to 10 votes; Class A has 1 vote
Key Terms
beneficially owned, Class B Common Stock, Restricted Class B Common Stock, sole voting power, +2 more
6 terms
beneficially ownedfinancial
"Percent of class: 48.4%; the percent of class beneficially owned by the Reporting Person"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Class B Common Stockfinancial
"3,916,980,790 shares of Class B common stock, par value $0.001 per share"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
Restricted Class B Common Stockfinancial
"1,302,072,285 shares of restricted Class B Common Stock issued to and held of record"
sole voting powerfinancial
"Sole Voting Power 6,418,547,515.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
sole dispositive powerfinancial
"Sole Dispositive Power 6,418,547,515.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
convertiblefinancial
"Each share of Class B Common Stock is convertible at any time at the option of the holder"
A convertible is a type of investment that starts as a loan or preferred stake (like a bond or preferred share) but can be exchanged for common shares of the company at a set price or under certain conditions. It matters to investors because it offers a mix of steady income and downside protection like a loan, plus the upside of stock ownership if the company does well—similar to holding a coupon that you can trade for a full ticket if the event becomes valuable.
FAQ
How many SpaceX (SPCX) shares does Elon Musk beneficially own?
Elon Musk beneficially owns 6,418,547,515 shares of SpaceX Class A common stock on an as-converted basis. This figure combines Class A shares, various Class B share classes, and options that are exercisable within 60 days of June 30, 2026.
What percentage of SpaceX (SPCX) Class A common stock does Elon Musk own?
Elon Musk beneficially owns 48.4% of SpaceX’s Class A common stock. This percentage is calculated using outstanding Class A shares plus Class B shares and options that are convertible or exercisable into Class A shares, as described in the ownership calculation.
How are Elon Musk’s SpaceX (SPCX) holdings structured between Class A and Class B shares?
His reported holdings include 849,494,440 Class A shares and 3,916,980,790 Class B shares held by trusts, plus 1,302,072,285 restricted Class B shares and 350,000,000 Class B options. Each Class B share is convertible into one Class A share.
What voting power does Elon Musk have in SpaceX (SPCX) through his share ownership?
Elon Musk has sole voting power over 6,418,547,515 shares and no shared voting power. Class A shares provide one vote per share, while Class B shares provide 10 votes per share, significantly concentrating voting control.
What are the key terms of SpaceX (SPCX) Class B common stock held by Elon Musk?
Each Class B share is convertible into one Class A share at any time at the holder’s option and has no expiration date. Subject to certain exceptions, Class B shares automatically convert to Class A upon sales or certain transfers.
When are Elon Musk’s SpaceX (SPCX) Class B options exercisable?
Elon Musk holds 350,000,000 Class B options that are exercisable within 60 days of June 30, 2026. Shares issuable upon exercise of these options are included in his reported beneficial ownership calculation.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
6,418,547,515 shares of Class A common stock, par value $0.001 per share (the "Class A Common Stock"), of Space Exploration Technologies Corp. (the "Issuer"), which includes (i) 849,494,440 shares of Class A Common Stock held of record by trusts where Elon R. Musk (the "Reporting Person") serves as trustee, (ii) 3,916,980,790 shares of Class B common stock, par value $0.001 per share, of the Issuer (the "Class B Common Stock") held of record by trusts where the Reporting Person serves as trustee, (iii) 1,302,072,285 shares of restricted Class B Common Stock issued to and held of record by the Reporting Person, which may be voted by the Reporting Person and the vesting of which is subject to the satisfaction of certain performance and other conditions (the "Restricted Class B Common Stock"), and (iv) 350,000,000 shares of Class B Common Stock issuable to the Reporting Person upon exercise of options (the "Class B Options").
Each share of Class B Common Stock is convertible at any time at the option of the holder into one share of Class A Common Stock and has no expiration date. In addition, subject to certain exceptions and pursuant to the terms of the Issuer's certificate of formation, each share of Class B Common Stock will convert automatically into one share of Class A Common Stock upon any sale or certain transfers of such share of Class B Common Stock. Each share of Class A Common Stock will entitle its holder to one vote per share, and each share of Class B Common Stock will entitle its holder to 10 votes per share.
The Class B Options are exercisable within 60 days of June 30, 2026.
(b)
Percent of class:
48.4%; the percent of class beneficially owned by the Reporting Person was calculated assuming 7,696,293,669 shares of Class A Common Stock outstanding as of July 28, 2026, as disclosed in the Issuer's Quarterly Report on Form 10-Q for the fiscal quarter ended June 30, 2026, filed with the Securities and Exchange Commission on August 4, 2026, plus (i) 3,916,980,790 shares of Class A Common Stock issuable upon conversion of the Class B Common Stock held of record by trusts where the Reporting Person serves as trustee, (ii) 1,302,072,285 shares of Class A Common Stock issuable upon conversion of the Restricted Class B Common Stock, and (iii) 350,000,000 shares of Class A Common Stock issuable upon the exercise of the Class B Options.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
6,418,547,515
(ii) Shared power to vote or to direct the vote:
0
(iii) Sole power to dispose or to direct the disposition of:
6,418,547,515
(iv) Shared power to dispose or to direct the disposition of:
0
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
Not Applicable
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.