The SpaceX IPO filing has arrived
SpaceX has made its IPO filing public, marking a significant milestone for the aerospace company founded by Elon Musk. The filing reveals that SpaceX has evolved into a technology conglomerate, with a focus on satellites and AI, while still pursuing its long-term mission of creating a multi-planetary species. The company is expected to go public later this year, potentially raising around $75 billion and achieving a valuation of approximately $1.75 trillion.
- ▪SpaceX has chosen the ticker 'SPCX' for its upcoming IPO on the Nasdaq exchange.
- ▪The company reported a loss of about $4.9 billion in 2025, despite generating over $18 billion in revenue.
- ▪More than half of SpaceX's revenue last year came from its Starlink satellite internet offering.
Opening excerpt (first ~120 words) tap to expand
SpaceX, the aerospace company founded by Elon Musk 24 years ago, has finally made its IPO filing public. The hefty filing, posted after markets closed Wednesday, shows a company that has developed far beyond its initial pursuit of reusable rockets — although its long-term mission to create a multi-planetary species remains intact. SpaceX is now a technology conglomerate working on satellites and AI, and has become one of the world’s most valuable private companies. When it goes public later this year on the Nasdaq exchange, it will become one of the most valuable publicly-traded companies. (Nvidia currently holds the crown with a market cap of $5.4 trillion.) SpaceX has chosen the ticker “SPCX” for the listing.
…
Excerpt limited to ~120 words for fair-use compliance. The full article is at TechCrunch.