Musk's Empire as SpaceX Counts Down to Wall Street Liftoff
SpaceX disclosed 2025 revenue of $18.7 billion and said Musk would keep about 85% of voting power under the proposed listing.
- On Wednesday, SpaceX filed plans for an initial public offering seeking up to $75 billion, potentially the largest IPO in history. Billionaire Elon Musk will retain control of director elections under the filed documents.
- Reports indicate the company seeks a valuation of up to $1.75 trillion when trading begins next month. Musk is set to control about 85 percent of voting power while holding around 42 percent of equity.
- Financial disclosures show $18.7 billion in 2025 revenue against an operating loss of $2.6 billion. A February 2026 merger with xAI was valued at approximately $1.25 trillion.
- Trading is expected to commence shortly after a June listing on the Nasdaq under ticker symbol SPCX. The company disclosed a deal renting data center capacity to Anthropic for $1.25 billion per month through May 2029.
- Solar energy captured in orbit represents "the only truly scalable solution" to AI power demands, according to SpaceX's roadmap. However, the filing warns investors that Musk "will have the power to control" director elections.
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SpaceX, Elon Musk's aerospace company, has released documents to prepare for its IPO. These reveal that the company is suffering billions in losses, particularly in the AI division. Musk also retains firm control, as is evident.
SpaceX is expected to become an IPO of superlatives. Future shareholders will have little to say. Elon Musk has made himself untouchable.
SpaceX, Elon Musk's rocket and satellite company, officially presented the documentation to enter the stock exchange. With a target valuation of 1.7 billion dollars (in English, $1.7 trillion) and a...
Elon Musk's space giant SpaceX has officially filed for an IPO after a long period of preparation. It looks set to be a big year on the US stock exchanges, with two tech giants reportedly also working on going public.
Should You Buy the SpaceX IPO? Here's What Jim Cramer Thinks
Key PointsElon Musk's SpaceX confidentially filed to go public about a month ago.SpaceX is reportedly targeting an IPO valuation of as much as $2 trillion.Jim Cramer recently highlighted some risks about the structure and narrative around SpaceX's IPO.These 10 stocks could mint the next wave of millionaires › As the longtime host of CNBC's Mad Money, Jim Cramer is known for delivering fast-paced stock picks, market commentary, and colorful rants…
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