A Look at the SpaceX IPO by the Numbers
Aggressive AI spending and the xAI merger pushed SpaceX to a $4.94 billion loss last year as Starlink revenue kept growing.
- On Friday, SpaceX will launch the largest-ever IPO with a $1.75 trillion valuation, pitching itself as humanity's ticket to Mars and instantly ranking among the world's most valuable companies.
- Despite sales rising 33 per cent to $18.67 billion last year, SpaceX reported a $4.94 billion net loss driven by aggressive spending on computing power for AI and developing new rockets.
- Starlink accounts for about 60 per cent of total sales with about 10.3 million users across 9,600 satellites, while the reusable Starship rocket is designed to carry over 100 metric tons to low-Earth orbit.
- Elon Musk will retain 82.4% voting power through his ownership of more than 90% of Class B shares, maintaining control as SpaceX integrates its recently acquired xAI business.
- Proceeds estimated at $75 billion will finance futuristic plans to hurl people to distant planets, with Musk requiring at least 1 million inhabitants on Mars to unlock compensation milestones.
39 Articles
39 Articles
SpaceX by the numbers: Six charts mapping businesses driving its IPO ambitions
Associated Press News
A look at the SpaceX IPO by the numbers
Elon Musk is all about big numbers — millions, billions, even trillions – and there are plenty of them associated with SpaceX and Musk’s plans to take the rocket maker public.
Elon Musk’s SpaceX IPO: Is it worth the hype?
WHAT ARE THE RISKS? The main risk is that SpaceX may not grow fast enough to justify its valuation. The company has been loss-making so far – reporting a net loss of US$4.9 billion in 2025, and another US$4.3 billion in the first quarter of 2026. SpaceX also said in its IPO prospectus it does not expect to be profitable any time soon. To justify its valuation, SpaceX must grow its revenues enormously and have large profit margins, Prof Ritter t…
SpaceX is expected to have its initial public offering (IPO) this Friday (June 12), which will be the largest IPO in history, marking the company's remarkable rise. The company has reshaped the space industry with its reusable rockets and orbital satellite internet, and is now setting its sights on the field of space artificial intelligence (AI).
Investor Carsten Maschmeyer is critical of SpaceX's IPO. "I believe the vision here has become an illusion. Almost a hallucination, in my opinion," he told the broadcasters RTL and ntv. In his view, SpaceX is heavily dependent on Elon Musk, whose behavior is unpredictable. "X: Lost a lot of money. The AI company is lagging far behind the competition. SpaceX isn't making any money, only Starlink is. And this conglomerate is unpredictable," Masch…
What Must You Know Before the SpaceX IPO?
What must you know before the SpaceX IPO? What many supposed analysts do not understand? They do not understand the AI business. What businesses is SpaceX in and where are they leading? How valuable are those things and how quickly can they make more money? How much money is and can SpaceX make renting out ...
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