Elon Musk's SpaceX has filed for an initial public offering (IPO) aiming to raise up to $75 billion, according to livemint.com. The filing with the US Securities and Exchange Commission revealed SpaceX generated $18.7 billion in revenue in 2025 but posted an operating loss of $2.6 billion as it invested heavily in next-generation rocket technology and artificial intelligence.
The IPO filing, made public on May 20, 2026, marks the first time SpaceX has disclosed detailed financial information. The company’s strategy includes leveraging its rocket and satellite business while pursuing ambitious AI projects valued in the trillion-dollar range. This move signals SpaceX’s intent to tap public markets to fund its expansive growth plans under Elon Musk’s leadership.
This potential IPO could become the largest in history, reflecting the growing investor appetite for space technology and AI innovation. SpaceX’s revenue and investment figures highlight the capital-intensive nature of aerospace ventures, where significant upfront losses are common as companies develop cutting-edge technologies. The offering also underscores the increasing convergence of space exploration and AI sectors, positioning SpaceX at the forefront of both industries.
Following the IPO filing, market watchers will focus on the timeline for the public listing and how SpaceX plans to allocate the raised capital. The company’s next milestones include advancing its next-generation rockets and expanding its AI capabilities, which will be critical to sustaining its competitive edge and fulfilling its long-term vision.