SpaceX just filed for what could be the biggest IPO ever
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The team can finally look under the hood at Elon Musk’s rocket, space internet, and AI juggernaut.
Key facts
SpaceX generated $18.67 billion in revenue in 2025, driven largely by its Starlink satellite internet service, which brought in more than $11 billion, as reported by The Wall Street Journal
For months, rumors have swirled that SpaceX was preparing a historic market debut, with whispers of a $1.75 trillion valuation and a record-shattering $75 billion raise
Elon Musk’s final frontier is officially open for business now that SpaceX has formally filed its S-1 prospectus with the SEC
The S-1 filing contains a long list of risk factors, as is standard for these documents, including this one
Summary
Elon Musk’s final frontier is officially open for business now that SpaceX has formally filed its S-1 prospectus with the SEC. SpaceX generated $18.67 billion in revenue in 2025, driven largely by its Starlink satellite internet service, which brought in more than $11 billion, as reported by The Wall Street Journal. For months, rumors have swirled that SpaceX was preparing a historic market debut, with whispers of a $1.75 trillion valuation and a record-shattering $75 billion raise. The S-1 filing contains a long list of risk factors, as is standard for these documents, including this one:.