SpaceX Files to Go Public in Potential $75 Billion Offering

SpaceX filed plans Wednesday to take the company public in what could become one of the largest stock sales in history. 7 billion in revenue. Losses continued into the start of this year. The filing did not state a target amount for the offering. Various reports have estimated the total near $75 billion, which would exceed the $26 billion raised by Saudi Aramco in 2019.

4 billion in operating income last year. The satellite network provides internet service to 10 million users across 150 countries and territories. 4 billion at its artificial intelligence unit. The company acquired both the AI business and the social media platform X in recent transactions.

SpaceX received $6 billion in contracts from NASA, the Defense Department, and other federal agencies over the past five years. Government revenue accounted for one-fifth of total revenue last year. The filing states that Elon Musk and certain other shareholders will hold shares with 10 votes each.

This structure would allow them to elect a majority of the board of directors. Musk's annual salary remained $54,080 in 2025, unchanged since 2019. Additional stock grants would vest only if the company meets specific market capitalization targets, including a permanent human colony on Mars with at least one million inhabitants.