Some shareholders might object, but there is little they could do, legal experts say.

The department cited national security concerns, saying Elon Musk’s company had played a crucial role in the Iran war. It also argued it has the authority to stop environmental lawsuits brought by citizens.

The department cited national security concerns, saying Elon Musk’s company had played a crucial role in the Iran war. It also argued it has the authority to stop environmental lawsuits brought by citizens.

© Brad J. Vest for The New York Times

The department cited national security concerns, saying Elon Musk’s company had played a crucial role in the Iran war. It also argued it has the authority to stop environmental lawsuits brought by citizens.

The blockbuster stock market debut of Elon Musk’s rocket company paves the way for a wave of enormous offerings that are coming from OpenAI and Anthropic.