[SMM Tin News Flash: SpaceX Officially Filed IPO Application Without Disclosing Offering Size and Valuation]

Published: May 21, 2026 09:50

Save

SpaceX, owned by Musk, announced plans for the largest IPO in history, fully disclosing to investors the financial details of the company, which spans rocket launch, satellite broadband, and artificial intelligence businesses. According to the prospectus filed with the US Securities and Exchange Commission (SEC) on Wednesday, the company reported sales of $4.7 billion and an operating loss of $1.9 billion for the first three months of this year. Musk will hold 85.1% of voting rights after the IPO. The company also plans to conduct mining operations on near-Earth asteroids. The filing also revealed that Anthropic will pay SpaceX $1.25 billion per month through May 2029. Although the offering size and proposed valuation have not been disclosed, media previously reported that SpaceX had discussed raising approximately $75 billion at a valuation of $1.75 trillion. SpaceX will be listed on Nasdaq under the ticker symbol SPCX.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

1 hour ago

[SMM Tin News Flash: Yingqu Technology and Rongxin Zhiyuan Signed Strategic Cooperation Agreement on Domestic Computing Power Equipment Manufacturing]

On May 20, 2026, Inagist Technology signed a strategic cooperation agreement on domestic computing power equipment manufacturing with Beijing Rongxin Zhiyuan Technology Co., Ltd. ("Rongxin Zhiyuan"). During the discussion and exchange phase, the two parties conducted in-depth discussions on the technical roadmap and future plans for domestic computing power servers, and reached a high degree of consensus on joint R&D, capacity coordination, and supply chain optimization.

1 hour ago

2 hours ago

The Most-Traded SHFE Tin Contract Consolidated at Highs During Night Session, Downstream End-User Enterprises Maintained a Cautious Attitude Toward Purchases [SMM Tin Morning Brief]

[SMM Tin Morning Brief: The Most-Traded SHFE Tin Contract Consolidated at Highs During Night Session, Downstream End-User Enterprises Maintained a Cautious Attitude Toward Purchases]

2 hours ago

18 hours ago

[SMM Analysis] Regional price gaps stay high. Why have the high-price and low-price regions of sulfuric acid shifted?

18 hours ago