How many shares of spacex does elon musk own

As of 2 November 2026, financial analysts and regulatory filings confirm that Elon Musk continues to maintain a commanding majority stake in SpaceX. Despite the company’s massive capital raises over the past several years to fund the development of the Starship launch system and the expansion of the Starlink satellite constellation, Musk retains approximately 42% of the company’s total equity. More importantly, due to a dual-class share structure and specific voting agreements, he controls nearly 79% of the voting power. This governance arrangement ensures that Musk maintains absolute strategic control over the aerospace firm’s long-term objectives, including his stated goal of colonizing Mars. Recent secondary market valuations have pushed the company’s private market capitalization toward the $250 billion mark, further cementing Musk’s position as the primary architect of the firm's trajectory. While institutional investors and venture capital firms hold significant minority interests, Musk’s concentrated voting control remains the defining feature of SpaceX’s corporate structure as it prepares for increased mission frequency in late 2026.