Investment banks and Wall Street have been in space fever for months. Ultimately, the launch of Space X, announced as the world’s largest IPO, had to be successful. Founder Elon Musk became the world’s first trillionaire by issuing 555 million shares. Despite thousands of new investors, Musk will still have sole say at Space X. In his triple role as managing director, technical director and CEO, Musk secured 85 percent of the voting rights. To be on the safe side, class action lawsuits and jury trials against the company were prohibited by a stock exchange prospectus.
