Back to News
May 20, 2026 8:00 PM

SpaceX IPO Filing Lands: First Look Inside Elon Musk's Public Offering

SpaceX filed for its long-awaited initial public offering on Wednesday evening, bringing Elon Musk's rocket, satellite and artificial intelligence company closer to what could be the largest IPO in market history.

The company is expected to list on Nasdaq under the ticker SPCX, with Reuters reporting that SpaceX could begin its roadshow on June 4, price the offering as soon as June 11, and start trading as early as June 12, according to Yahoo Finance and Reuters.

TSLA stock is moving. See the chart and price action here.

SpaceX is aiming to raise about $75 billion at a valuation near $1.75 trillion, Reuters reported, a level that would make the deal the largest stock-market flotation ever.

Detailed Look Into SpaceX

The filing gives investors a first detailed look at SpaceX's finances after its acquisition of xAI. 

The company generated $18.7 billion in 2025 revenue and posted a $4.9 billion loss, according to the S-1 filing. 

Here are some highlights obtained through Benzinga Pro alerts:

SpaceX plans to pursue asteroid mining operations focused on extracting metals and other critical resources from near-Earth and main-belt asteroids.

Elon Musk is set to ...