Elon Musk's SpaceX Plans Historic IPO to Raise $75 Billion
Elon Musk eyes Wall Street record with SpaceX IPO
Image: Mathrubhumi English
Elon Musk's SpaceX has filed for an initial public offering (IPO) that could raise up to $75 billion, potentially making it the largest IPO in history. The company aims for a valuation of $1.75 trillion and plans to maintain Musk's control through a dual-class share structure. The IPO is expected to occur as early as June 2026.
- 01SpaceX generated $18.7 billion in revenue in 2025, with a significant portion from its Starlink satellite internet business, which earned $11.4 billion.
- 02The company reported an operating loss of $2.6 billion in 2025 due to heavy investments in rocket development and AI.
- 03Musk will control about 85% of voting power while holding approximately 42% of equity post-IPO.
- 04SpaceX plans to deploy AI computer satellites by 2028, targeting a total addressable market of $28.5 trillion.
- 05The IPO filing includes a dual-class share structure to maintain Musk's control, mitigating governance issues faced at Tesla.
Advertisement
In-Article Ad
Elon Musk's SpaceX is preparing for a monumental initial public offering (IPO) that could raise up to $75 billion, potentially making it the largest IPO in history. The company's S-1 prospectus, a requirement for public listings, disclosed detailed financials for the first time in its 24-year history, revealing $18.7 billion in revenue for 2025, despite an operating loss of $2.6 billion. The Starlink satellite internet service emerged as a key revenue driver, contributing $11.4 billion. The IPO aims for a valuation of $1.75 trillion, with trading expected to commence on the Nasdaq under the ticker symbol SPCX as early as June 2026. Musk will retain significant control through a dual-class share structure, holding 85% of voting power while owning 42% of equity. The filing also outlines ambitious plans for deploying AI computer satellites by 2028, targeting a total addressable market of $28.5 trillion. This IPO could reshape Wall Street, especially with competitors like Anthropic also eyeing public listings.
Advertisement
In-Article Ad
This IPO could significantly influence the tech and aerospace sectors, potentially leading to increased investments and innovations in satellite and AI technologies.
Advertisement
In-Article Ad
Reader Poll
Do you think SpaceX's IPO will be successful?
Connecting to poll...
More about SpaceX
Read the original article
Visit the source for the complete story.