Why the SpaceX IPO is the talk of Wall Street and beyond
SpaceX, Elon Musk's rocket company, is preparing for what is anticipated to be the largest initial public offering (IPO) in history, aiming to list on the Nasdaq under the ticker "SPCX." Founded in 2002, SpaceX designs and launches rockets and spacecraft, and also provides internet and AI services through Starlink and
The story so far
- May 20
- May 22
- May 23
- May 25
How outlets cover it
5 outletsNot rated on the left–right scale. It describes Western party politics and doesn’t fit state media or outlets outside that system, so we show ownership and country instead.
Open questions and key claims
Starship V3 is described as 'the most powerful launch system ever developed'.
Starship V3 is expected to carry a payload of 100 metric tons, with future generations doubling this.
Nasa Administrator Jared Isaacman congratulated Musk and the SpaceX team.
SpaceX lost $2.6 billion from operations last year on $18.7 billion in revenue.
The upgraded Starship is intended for NASA to land astronauts on the moon.
The firm is aiming to raise upwards of $80bn for a market valuation of between $1.75 trillion and $2 trillion.
SpaceX's revenue last year was $18.67 billion, primarily from its Starlink satellite network.
The SpaceX IPO is expected to be the largest in history.
Who and where
Related stories over time
same people and places- Jan 31 – Feb 3 earlierElon Musk merges SpaceX with xAI at $1.25tn valuation6 articles · 5 outlets
- Feb 2 – Feb 9 earlierRussian military scrambles to find Starlink alternative after access blocked3 articles · 3 outlets
- Apr 1 – Apr 2 earlierElon Musk's SpaceX set to go public in $1 trillion share listing3 articles · 3 outlets
- May 20 – May 25◆ This story
- Jun 3 – Jun 15 laterCan you spend $1 trillion? We hand you Musk’s fortune to find out14 articles · 5 outlets
- Jun 16 laterSpaceX vaults past Amazon’s market value, briefly topping Microsoft3 articles · 3 outlets
- Aug 4 laterElon Musk’s SpaceX reports losses but less than expected3 articles · 3 outlets
- Sep 28 laterFiery end for SpaceX Starship mission5 articles · 4 outlets
- Oct 20 – Oct 21 laterMusk says Tesla and SpaceX are exploring a merger; no terms agreed
Elon Musk has said that special committees at Tesla and SpaceX are exploring a possible merger of the two companies, which would be one of the largest corporate combinations on record. No agreement on terms has been reached, and any deal would need shareholder approval. Tesla also reported third-quarter earnings above Wall Street projections around the same announcement.
6 articles · 4 outlets