SpaceX Files for IPO and Discloses Spending on Tesla Vehicles and Security

U.S. stock market next month. The document provides new information on operating costs, revenue, and future plans. It also includes statements about the company's goals and disclosures about its business relationships.

SpaceX spent about $131m on Cybertrucks last year.

The company also spent $506m on Tesla's Megapack battery product in 2025 and $191m in 2024. Tesla sold a total of 20,237 Cybertrucks last year. SpaceX's purchases represented a significant portion of those sales.

The prospectus states that SpaceX aims to establish colonies on the moon and Mars. It says the goal is to ensure species-level redundancy and expand humanity's presence in the universe. Musk will receive an award of 1bn shares if SpaceX achieves a permanent human colony on Mars with at least 1 million inhabitants. The document warns that reaching these goals may prove difficult.

The filing outlines risks related to xAI, which SpaceX acquired in February. It notes that Grok's chatbot modes present risks of generating explicit content and misinformation. The prospectus states that the company is the subject of law enforcement investigations related to allegations of Grok creating nonconsensual images.

Grok generated more than 3m sexualized images in 11 days earlier this year.

SpaceX spent $4m last year on Musk's personal security. The company spent $2m in 2023 and $3m in 2024 on the same services. 3bn in the first quarter of this year. The prospectus states that the company has a history of net losses and may not achieve profitability.