SpaceX has officially filed for an IPO that could become the largest in history, with plans to list on Nasdaq under the ticker SPCX. The company reported $18.67 billion in 2025 revenue, primarily from its Starlink satellite internet service, though it posted a $4.9 billion loss due to significant capital expenditures of $20.7 billion.
Background
SpaceX, founded by Elon Musk in 2002, is a private aerospace manufacturer and space transportation company that has revolutionized the space industry with reusable rocket technology and the Starlink satellite internet constellation.
- Source
- The Verge
- Published
- May 21, 2026 at 05:29 AM
- Score
- 8.0 / 10