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SpaceX's $131M Cybertruck Buy: A Related-Party Transaction in Plain Sight
SpaceX's IPO filing disclosed $131 million in Cybertruck purchases at MSRP — 18.1% of Q4 2025 U.S. registrations flowing to a company its seller's CEO controls. The governance implications outlast the disclosure.
Oppenheimer Chateaubriand
16 min read
2026-05-21