SpaceX IPO Puts Elon Musk’s ‘Extreme’ Ownership to the Test

Paresh DaveBusinessJun 12, 2026 5:00 AMSpaceX IPO Puts Elon Musk’s ‘Extreme’ Ownership to the TestThe rocket maker debuts on Nasdaq today under a wave of criticism about Musk’s near-absolute control. It’s how the company has worked from the start.Photograph: Kevin Dietsch/Getty ImagesCommentLoaderSave StorySave this storyCommentLoaderSave StorySave this storyBrian Manning encountered SpaceX’s culture of extreme ownership from day one as an engineer at the rocket maker. After a one-hour onboarding session a decade ago, he got his first assignment: Design a small part by the next day. “The way I looked at it is having very clear responsibility, autonomy, and accountability,” says Manning, who aced the task and spent about two years at the company.

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