Yvonne Man

Yvonne Man is a Bloomberg Television anchor based in Hong Kong, where she co-anchors “Bloomberg: The China Show” and interviews business, finance, and policy leaders on Asian markets and China-focused global news.

SpaceX’s $75 Billion IPO Would Leave Musk With 84% Voting Control

Bloomberg’s Michael Hytha says SpaceX’s planned $75bn IPO would be unprecedented in size and unusual in structure, with Elon Musk seeking to sell a fixed number of shares at a fixed price rather than follow a standard Wall Street bookbuilding process. Hytha argues the filing makes the investor bargain explicit: public buyers would help fund SpaceX’s AI and launch ambitions while accepting a dual-class structure that leaves Musk with 84.4 per cent of the voting power after the listing.

Bloomberg TechnologyJun 4, 20264 min read