The ways it set up its board and Mr. Musk's pay appear to benefit him at the expense of other shareholders, corporate governance experts said. In January, SpaceX granted Elon Musk, its founder and chief executive, a pay package of 1.3 billion restricted shares. The award was contingent on the rocket company's establishing a colony on Mars with one million inhabitants and launching high-powered data centers into space. Mr. Musk has not achieved those goals.

The story centers on SpaceX, Initial public offering, Elon Musk, and Artificial intelligence. It has drawn coverage across roughly 172 reports so far.