SpaceX Reveals Plans for What Could Be the Biggest-Ever IPO
The filing gives Elon Musk and select shareholders 10 votes per share, while SpaceX reported $18.7 billion in revenue and $2.6 billion in operating losses last year.
- On Wednesday, Space Exploration Technologies Corp. submitted documents for an initial public offering expected to raise $75 billion and value the company at $2 trillion, potentially the largest IPO in history.
- Founded in 2002, SpaceX accounted for more than 80% of global rocket launches last year; however, filings show the company recorded $18.7 billion in revenue against $4.94 billion in operational losses.
- SpaceX plans to adopt a dual-class stock structure granting CEO Elon Musk 10 votes per share, ensuring he controls board elections. The company warned investors this will "limit or preclude your ability to influence corporate matters."
- Nearly two dozen banks, including Goldman Sachs and Citigroup, are underwriting the offering expected next month. Analyst Carol Schleif noted investors may be polarized by Musk's political ties to President Donald Trump and struggling units like X and xAI.
- Regulatory filings indicate Musk's compensation includes stock awards tied to establishing a permanent Mars colony with one million inhabitants. The prospectus positions Starlink and space-based data centers as pivotal to achieving long-term multiplanetary ambitions.
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49 Articles
'We do not want humans to have the same fate as dinosaurs': SpaceX IPO reads like Hollywood fantasy version of the future
Elon Musk announced plans Wednesday for one of the biggest stock sales ever by taking public a space company that is currently losing billions of dollars a year. A filing shows that his SpaceX lost $2.6 billion from operations last year on $18.7 billion in revenue, and the losses kept piling up at the start of this year, too. The prospectus did not put a dollar figure on the amount Musk hopes to raise, but various reports have put it at $75 bill…
Military.com
The National HeraldSpaceX Reveals Plans for What Could Be the Biggest-Ever Initial Public Offering
NEW YORK (AP) — Elon Musk announced plans Wednesday for one of the biggest stock sales ever by taking public a space company that is currently losing billions of dollars a year.
SpaceX company Ilona Maska has applied for primary stocking (IPO) and is expected to be the largest Wall Street stock exchange in history.
Elon Musk could become world's first trillionaire as SpaceX files for largest IPO ever
Elon Musk's sprawling space exploration company, which also owns Starlink and xAI, was valued at $US1.25 trillion ($1.75 trillion) earlier this year, meaning Musk could become the world's first trillionaire if the offering goes ahead at that valuation.
SCIENCE & TECH: Elon Musk’s SpaceX readies for Wall Street blastoff with new filing projecting $28.5 trillion in future revenue
Elon Musk’s SpaceX on Wednesday filed paperwork to go public next month, aiming for an out-of-this-world valuation projected around $1.5 trillion – the biggest IPO in history. The filing for the initial public offering included mind-boggling projections for how SpaceX — which owns artificial intelligence company xAI, satellite-internet business Starlink and social media platform X — will make money. SpaceX sees future revenue opportunities of $2…
SpaceX just filed for the IPO everyone was waiting for
SpaceX publicly filed its S-1 registration statement with the Securities and Exchange Commission on May 20, 2026, making its financial details available to the public for the first time ahead of what could be the largest IPO in history. An S-1 is the formal document a company must submit to the SEC before going public. It includes audited financials, risk factors, business descriptions, and how the company plans to use the money it raises. Compa…
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