Tech billionaire Elon Musk-led space exploration firm SpaceX has moved one step ahead to bringing its initial public offering (IPO) by filing a public Form S-1 statement with the SEC. It is marked as the beginning
of the historic IPO, set to launch by mid-June.
The filing has revealed some important aspects of SpaceX company that investors need to know beforehand the listing.
With the coming of SpaceX, its shareholder and promoter Elon Musk is set to see a shoot up of his wealth to make him the world’s first trillionaire soon.
According to Bloomberg Billionaire Index, Musk’s wealth currently stands at $676 billion, which is twice that of the second richest person on the planet – Google’s Larry Page.
1. SpaceX IPO Will Be Largest One
SpaceX IPO is set to break the current largest IPO record of Saudi Aramco, which had raised the capital worth $29.4 billion in 2019 via IPO. SpaceX is expected to raise capital of around $75 billion, and is seeking a valuation between $1.75 trillion and $2 trillion.
The investor roadshow is slated to begin June 4, 2026, with final pricing targeted for June 11, and the official trading debut expected on June 12, 2026, according to the filing.
2. SpaceX Is A Loss Making Firm In 2025, But With A Catch
SpaceX reported a total revenue of $18.67 billion for the full year 2025, largely driven by Starlink connectivity, though it posted a net loss of roughly $4.9 billion in 2025 (compared to a profit of $791 million in 2024).
However, the loss is largely attributed to massive capital deployment, which has doubled to $20.7 billion in 2025 towards AI infrastructure of xAI/Grok compute and Starlink constellation expansion.
The prospectus of SpaceX expects an aggregate addressable market of $28.5 trillion across its space, AI data center, and connectivity business line.
3. Bitcoin Investment
SpaceX has a portfolio of investment having 8,285 Bitcoins, which is valued at roughly $642 million in Coinbase Prime custody.
SpaceX notes that its net income figures will face extreme synthetic volatility moving forward, where every $10,000 move in Bitcoin’s spot price will trigger an $83 million swing in reported net quarterly income.
4. Elon Musk Has 85.1% of Voting Power
Elon Musk controls 85.1 percent of the combined voting power via his Class B holdings. Class A shares (sold to the public) carry 1 vote per share, while Class B shares carry 10 votes per share.
Class B shareholders retain the exclusive right to elect a majority of the Board of Directors.
5. SpaceX Has XAI & Starlink
SpaceX completed an all-stock acquisition of xAI, which is Musk’s AI startup, in February 2026.
Another company Starlink is expanding its business by launching services in many countries across the globe. As of March 31, 2026, Starlink has scaled to 10.3 million active subscribers across 164 countries, territories, and markets.
The capex has also reached a record high of Starlink. It has set up a constellation of approximately 9,600 low-Earth orbit (LEO) satellites.
SpaceX is the only space exploration company in the world that has reusable rocket launch technology, which allows using the same rocket for multiple satellite launches.
