Elon Musk's stake in SpaceX has decreased in recent years, the Wall Street Journal reported Friday, citing regulatory filings seen by the newspaper.
Although he retains the majority of voting rights, nearly 80%, a trust connected to him owns only 42% of SpaceX, according to the Federal Communications Commission (FCC) filing.
The news comes just as Musk's financial life is being closely watched due to his $44 billion acquisition of Twitter Inc. On the other hand, some Tesla shareholders have expressed dissatisfaction with Musk's approach to Twitter.
