SpaceX just filed for what could be the biggest IPO ever

Elon Musk's last frontier is officially unfastened for concern present that SpaceX has formally filed its S-1 prospectus with the SEC. That kicks disconnected what could beryllium the largest archetypal nationalist offering ever erstwhile it lists connected the Nasdaq banal speech with the ticker SPCX.

SpaceX generated $18.67 cardinal successful gross successful 2025, driven mostly by its Starlink outer net service, which brought successful much than $11 billion, arsenic reported by The Wall Street Journal. The institution mislaid implicit $4.9 cardinal past year, with superior expenditures soaring to $20.7 cardinal past year, a leap from $11.2 cardinal successful 2024, as reported by The New York Times. xAI, which caller …

Read the afloat communicative astatine The Verge.