Why So Many People Already Own Shares of Elon Musk’s SpaceX

Even before the rocket company holds a major initial public offering, many people own stock in it through so-called special purpose vehicles.

More from NYT > Top Stories

In the Oregon Governor’s Primary, Voters Choose the Future of the Republican Party

NYT > Top Stories·6

Stocks and Oil Prices Sent Conflicting Signals in April Amid Havoc of Iran War

NYT > Top Stories·3

Trump’s Tariff Reversal Reopens a Major Market for Scotch Whisky

NYT > Top Stories·5

Pentagon Makes Deals With A.I. Companies to Expand Classified Work

NYT > Top Stories·18

The Voting Rights Act

NYT > Top Stories·5

What We Know About New York’s Proposed Tax Increases

NYT > Top Stories·8