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Elon Musk’s SpaceX unveils filing for blockbuster IPO

The filing shows 2025 revenue of $18.7 billion, with Starlink driving most sales and AI and Starship spending weighing on profits.

  • On Wednesday, SpaceX filed S-1 IPO paperwork revealing a $4.9 billion loss on $18.7 billion in 2025 revenue, with plans for a Nasdaq listing under ticker "SPCX" and a June roadshow.
  • While Starlink currently drives most of SpaceX's revenue, the company's future growth hinges on building space data centers to train powerful artificial intelligence models.
  • SpaceX targets a potential $1.75 trillion valuation, which would eclipse Saudi Aramco's $1.7 trillion record from 2019, while the company plans to host about 1,500 retail investors at a June event.
  • Analysts warn investor sentiment may hinge on CEO Elon Musk's "halo effect" rather than traditional metrics; Georgetown University finance professor Reena Aggarwal noted the difficulty of valuing companies without peer comparisons.
  • This listing could set the stage for monumental IPOs in coming months, including tech giants OpenAI and Anthropic, as demand for the SpaceX offering may influence appetite for other upcoming public debuts.
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221 Articles

The Toronto StarThe Toronto Star
+4 Reposted by 4 other sources
Lean Left

A look at the SpaceX IPO by the numbers

Elon Musk is all about big numbers — billions, trillions – and you can find them sprinkled throughout an extraordinary document he just filed to take his rocket maker public.

·Toronto, Canada
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Center

The US space company SpaceX has submitted the necessary documentation for its upcoming IPO.

·Germany
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Lean Left

Up to 28 trillion dollars are to be fetched in the market, one predicts to the investors. Whether the business ever becomes profitable, one dares not claim

·Vienna, Austria
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Lean Left

Before the IPO, SpaceX discloses its figures and for the first time provides a detailed view of the world corporation. The prospectus shows how strong the power is tailored to the founder Elon Musk.

·Germany
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Reuters broke the news in United Kingdom on Wednesday, May 20, 2026.
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