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

Published: May 21, 2026 09:50

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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.

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