Is any of Elon Musks proposed shareholder agreements in regards to Space X legal? [closed] (opens in new tab)

As of May 2026, SpaceX's confidential IPO filing with the SEC indicates that the company is structuring its going-public process to give Elon Musk and a select group of insiders near-total control, severely limiting the rights of ordinary shareholders. The proposed shareholder agreements, tailored for a potential June 2026 listing, have generated controversy due to the following key elements: 1. Unchecked "Supervoting" ControlDual-Class Stock Structure: SpaceX will use a two-class system wher...