BRIEF-SpaceX To Apply To List Shares On Nasdaq And Nasdaq Texas

SpaceX: * SPACEX FILES S-1 REGISTRATION STATEMENT WITH U.S. ​SEC

* SPACEX: FILES FOR IPO OF CLASS ​A SHARES * SPACEX: WE WILL ‌HAVE ​TWO CLASSES OF COMMON STOCK ISSUED AND OUTSTANDING: CLASS A COMMON STOCK AND CLASS B COMMON STOCK

* SPACEX: CLASS A COMMON STOCK ‌WILL HAVE ONE VOTE PER SHARE; CLASS B WILL HAVE 10 * SPACEX: WILL HAVE "CONTROLLED COMPANY" STATUS AFTER IPO, DOES NOT NEED MAJORITY OF BOARD TO BE INDEPENDENT

* SPACEX: MUSK WILL HAVE POWER TO CONTROL ‌OUTCOME OF MATTERS THAT NEED SHAREHOLDER APPROVAL * SPACEX: DOES NOT EXPECT TO DECLARE OR PAY ‌DIVIDENDS TO HOLDERS OF CLASS A STOCK IN THE FORESEEABLE FUTURE

* SPACEX: ELON MUSK HAS COMBINED VOTING POWER OF 85.1% * SPACEX: ELON MUSK OWNS 12.3% OF CLASS A SHARES, 93.6% OF CLASS B SHARES

* SPACEX: AFTER IPO, MUSK WILL BE ⁠CEO, CTO ​AND CHAIRMAN OF BOARD * ⁠SPACEX: MUSK CAN ELECT, REMOVE, OR FILL VACANCY AMONG CLASS B DIRECTORS

* SPACEX: TO APPLY TO LIST SHARES ON NASDAQ ⁠AND NASDAQ TEXAS * SPACEX: TESLA OWNS 18,990,195 SHARES OF CLASS A COMMON STOCK AS OF MAY 1

* SPACEX: ​IN MAY, ENTERED INTO CLOUD SERVICES AGREEMENTS WITH ANTHROPIC PBC * SPACEX: ANTHROPIC TO PAY US $1.25 ⁠BILLION PER MONTH THROUGH MAY 2029, WITH CAPACITY RAMPING IN MAY AND JUNE 2026 AT A REDUCED FEE

* SPACEX: BEING INVESTIGATED IN ⁠U.S. ​AND OTHER COUNTRIES OVER ALLEGATIONS ITS AI USED TO CREATE NONCONSENSUAL EXPLICIT IMAGES OR CONTENT REPRESENTING CHILDREN IN SEXUALIZED CONTEXTS * SPACEX: INTEGRATED AI PLATFORMS ACROSS GROK X HAVE OVER 1.3 BILLION SUPPORTED ACCOUNTS ⁠ACTIVE IN LAST 12 MONTHS ENDED MARCH 31, INCLUDING ABOUT 550 MILLION MAUS

* SPACEX: IN JANUARY, ⁠AND FURTHER AMENDED ON ⁠FEBRUARY 18, CTC ENTERED EQUIPMENT LEASE DEAL WITH VALOR EQUITY PARTNERS FOR AI INFRASTRUCTURE HARDWARE * SPACEX: MORGAN STANLEY NAMED STABILIZATION AGENT FOR SPACEX IPO

* SPACEX: IN ‌MAY, THE ‌SPACEX CREDIT FACILITY WAS AMENDED TO INCREASE THE BORROWING ​CAPACITY UP TO $5,000 MILLION