SpaceX filed for an initial public offering (IPO) on Wednesday, May 20, according to Deutsche Welle. The listing could be the largest in history, potentially raising up to $75 billion for the company.
If approved, shares are expected to be listed on the Nasdaq under the ticker SPCX, with trading possibly starting in June. Citing the filing with the U.S. Securities and Exchange Commission (SEC), the agency reported that Elon Musk will retain his roles as CEO, CTO, and chairman of the board after the IPO.
For the first time in the company's 24-year history, financial data was disclosed: SpaceX reported revenue of $18.7 billion in 2025, while operating losses reached $2.6 billion.
According to AFP, the loss is attributed to significant investments in next-generation rocket development and artificial intelligence technologies. The company also stated it does not plan to pay dividends to potential shareholders in the foreseeable future.
Source: kun.uz