What Happened
Musk's Ambitious Space Venture Seeks Public Listing at $1.75 Trillion Valuation
SpaceX has taken a major step towards going public with the release of its initial public offering (IPO) filing, which sets out the company’s ambitions and achievements. With a valuation of around $1.75 trillion, the company is poised to list its Class A common stock on The Nasdaq Stock Market under the symbol ‘SPCX’. As the founder and CEO of SpaceX, Elon Musk is front and center in the IPO prospectus, with the company describing its mission to make life multiplanetary. According to the filing, SpaceX’s total revenue for 2025 was $18.6 billion, with a net income loss of $4.9 billion. The IPO filing was first reported by AeroTime.