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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.
May 20, 5:23 PM·1m read1 source
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SpaceX 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.
