SpaceX files for potentially largest IPO ever

SpaceX has officially filed its S-1 prospectus with the SEC, signaling its intention for what could be the largest initial public offering in history. The company aims to list on the Nasdaq under the ticker SPCX. In 2025, SpaceX reported revenues of $18.67 billion, largely propelled by its Starlink satellite internet service. However, the company also incurred significant losses, exceeding $4.9 billion last year, with capital expenditures dramatically increasing to $20.7 billion. Elon Musk's control through supervoting shares is expected to be a key feature of the offering.