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Elon Musk’s SpaceX unveils filing for blockbuster IPO

The filing shows $4.9 billion in 2025 losses and Starlink generated more than half of revenue last year.

  • 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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wz.dewz.de
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According to reports, Elon Musk's space company SpaceX is planning a mega-exchange. However, the tech billionaire-controlled company doesn't make a lot of sales - and is deep in red numbers.

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·Amsterdam, Netherlands (Kingdom of the)
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Reuters broke the news in United Kingdom on Wednesday, May 20, 2026.
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