>**What we're hearing:** Unconfirmed reports suggest that as part of the long-awaited SpaceX initial public offering, all outstanding shares of SPCE will be converted to SPCX Class A common stock.
>Sources close to the matter say the conversion is intended to streamline SpaceX's public market structure and align all shareholder equities under a single brand.
\- Axios
The news is out there now, not much time left to get in
