SpaceX Files IPO Papers Listing SPCX Ticker on Nasdaq
SpaceX submitted a 308-page IPO filing that details its dual-class share structure and first-quarter 2026 financial results. The company plans to list on Nasdaq under the ticker SPCX while retaining Elon Musk's majority voting control.
WiredSpaceX filed a 308-page document with regulators outlining plans to list shares on the Nasdaq under the ticker SPCX. The filing shows the company will use a dual-class share structure that gives Class B shares ten votes each while Class A shares receive one vote.
Elon Musk will keep majority voting control through the Class B shares, allowing SpaceX to qualify as a controlled company under exchange rules.
0 billion. 7 billion for AI infrastructure. 9 billion. SpaceX completed 40 launches during the quarter and delivered 556 metric tons of payload to orbit. 2 billion in operating income. 5 billion operating loss in its AI segment, which operates a one-gigawatt compute cluster.
7 billion in revenue and $6. 7 billion allocated to AI. 25 billion per month through May 2029 for AI compute capacity, with service beginning at a reduced rate in May and June 2026. P. Morgan, Barclays, Deutsche Bank, UBS, Wells Fargo, RBC Capital Markets, Mizuho, Santander, Macquarie, Raymond James, and William Blair among the underwriters.
Key Facts
Story Timeline
4 events- Q1 2026
SpaceX completed 40 launches and delivered 556 metric tons to orbit.
1 source@SawyerMerritt - Q1 2026
SpaceX reported $4.7 billion revenue and $4.3 billion net loss.
1 source@SawyerMerritt - 2025
SpaceX recorded $18.7 billion revenue and $20.7 billion capital expenditures.
1 source@SawyerMerritt - Through May 2029
Anthropic agreed to pay SpaceX $1.25 billion monthly for AI compute.
1 source@SawyerMerritt
Potential Impact
- 01
SpaceX will list shares on Nasdaq under ticker SPCX.
- 02
SpaceX will qualify as a controlled company under Nasdaq rules.
- 03
Anthropic will pay SpaceX $1.25 billion monthly for AI compute through May 2029.
Transparency Panel
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