SpaceX publicly filed for an initial public offering and plans to trade on the Nasdaq stock exchange under the ticker symbol SPCX. The filing is a required prospectus submitted to the US Securities and Exchange Commission to inform potential investors about risks and opportunities. The prospectus did not specify a dollar amount to be raised, though media reports estimate $75 billion. SpaceX reported about $18.7 billion in revenue and an operating loss of $2.6 billion, with a net loss of $4.9 billion, driven by heavy spending on AI technologies and a bigger rocket. Starlink generated more than $11.4 billion in revenue in 2025, while X and xAI recorded $3.2 billion in revenue but posted an operating loss of $6.4 billion.
"Elon Musk's SpaceX on Wednesday publicly filed for an initial public offering, opening the books on the company that has revolutionized rocket technology. The private rocket maker, satellite and artificial intelligence company plans to trade under the ticker symbol SPCX on the Nasdaq stock exchange, according to the IPO prospectus. Reports suggest it is aiming for a June listing. A prospectus is a legal document that every private company that transitions to a public one is required to file with the US Securities and Exchange Commission so potential investors know about the risks and opportunities that come with the company."
"The regulatory filing did not put a dollar figure on the amount that Musk hopes to raise at the IPO, but several media reports put that amount at $75 billion (roughly 64.5 billion). If the company surpasses the targeted valuation of about $1.7 trillion, Musk's net worth would surpass 13 figures, making him the world's first trillionaire. That will depend on investors' excitement when SpaceX officially makes its public debut."
"The filing shows Musk's SpaceX generated about $18.7 billion in revenue but recorded an operating loss of $2.6 billion ($4.9 billion net loss) after heavy spending on AI technologies and a bigger rocket. SpaceX's biggest financial engine was its Starlink satellite business that generated more than $11.4 billion in revenue in 2025, up nearly 50% year-on-year. SpaceX's other units have been struggling."
"Its social media platform X and artificial intelligence business xAI, both of which were acquired by SpaceX in February, recorded $3.2 billion in revenue for the full year 2025 but posted an operating loss of $6.4 billion."
Read at www.dw.com
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