Report: SpaceX IPO gives Musk unchecked power and forbids investor lawsuits

SpaceX's plan to go public gives CEO Elon Musk virtually unchecked executive authority and limits shareholders' rights to sue the company. The plan combines supervoting shares, mandatory arbitration, and stricter rules on shareholder proposals to give Musk broad control. This move could prevent shareholder lawsuits and erode typical shareholder protections.