BlockBeats News, May 21st, SpaceX stated in its S-1 registration statement filed with the U.S. Securities and Exchange Commission (SEC) that it will allow a phased early release of shares before the end of the 180-day lock-up period, with each phase linked to company earnings, stock price, and timing. On January 13, 2026, the board approved the grant of 1 billion shares of performance-based Class B common stock to Musk.

Today's report, SpaceX has officially filed for an IPO, with Musk retaining 85.1% of the voting rights.