science
SpaceX Files IPO Papers Ahead of Next Starship Test Flight
SpaceX submitted IPO registration documents on Wednesday. The filing highlights Starship as central to future revenue plans while noting ongoing development delays.
May 22, 4:59 PM·1m read1 source
ForbesAudio version
Tap play to generate a narrated version.
Developing·Limited corroboration so far. This page will refresh as more sources emerge.
SpaceX filed IPO registration documents on Wednesday. The filing lists more than $15 billion spent on Starship development and current annual revenue of $18 billion with nearly $5 billion in losses. Starship is described in the filing as a fully reusable heavy-lift rocket larger than the Saturn V.
The company states that next-generation Starlink satellites, proposed orbital data centers, and NASA lunar missions all require Starship launches.
The next Starship test flight had been scheduled for earlier this week but was delayed. It is now expected to launch within hours of the filing becoming public. The prospectus notes in bold text that any failure or delay in Starship development would limit the company’s ability to deploy next-generation satellites and orbital AI compute systems.
8 billion valuation. The company has one autophagy drug in clinical trials and plans two additional programs for 2026 and 2027. NASA Administrator Jared Isaacman said he expects China to conduct a crewed lunar flyby mission next year. The agency also announced a reorganization consolidating several departments.
