SpaceX files for IPO as rocket company preps for market debut
SpaceX has officially filed for an initial public offering (IPO) as it prepares to enter the public market. The company, founded by Elon Musk, aims to raise capital for its various ventures in space, artificial intelligence, and satellite technology. While the exact amount sought remains undisclosed, estimates suggest it could be as high as $75 billion.
- ▪SpaceX filed for an IPO on Wednesday to raise capital for its ventures.
- ▪The company previously filed a confidential IPO with the SEC last month.
- ▪SpaceX will trade on the Nasdaq under the ticker symbol 'SPCX'.
- ▪Founded in 2002, SpaceX also owns Musk's AI company xAI and satellite company Starlink.
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MoneyWatch SpaceX files for IPO as Elon Musk's rocket company preps for public market debut .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Mary Cunningham Mary Cunningham Reporter, MoneyWatch Mary Cunningham is a reporter for CBS MoneyWatch. She previously worked at "60 Minutes," CBSNews.com and CBS News 24/7 as part of the CBS News Associate Program. Read Full Bio Mary Cunningham Updated on: May 20, 2026 / 5:23 PM EDT / CBS News Add CBS News on Google SpaceX filed for an initial public offering on Wednesday, as the Elon Musk-owned rocket manufacturer moves to raise more capital for its space, AI and satellite ventures. The move comes after SpaceX filed a confidential IPO with the Securities and Exchange Commission last month.
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