SpaceX just filed for what could be the biggest IPO ever
Source: The Verge
SpaceX files S‑1 prospectus with SEC
SpaceX has formally filed its S‑1 prospectus with the SEC, opening the door to what could become the largest initial public offering ever when it lists on the Nasdaq under the ticker SPCX.
Key financial figures for 2025 (per filing)
- Revenue: $18.67 billion, driven largely by the Starlink satellite internet service.
- Net loss: Over $4.9 billion.
- Capital expenditures: $20.7 billion, up from $11.2 billion in 2024.
Share structure
According to the filing, Musk’s super‑voting shares will give him …