SpaceX Files for Historic IPO, Targets Nasdaq Under “SPCX”

Elon Musk’s SpaceX has officially filed for what could become the largest IPO in history, revealing rare financial details about the company’s rocket, satellite internet, AI, and future space mining ambitions.

According to the SEC filing:
• SpaceX generated $4.7 billion in revenue in the first quarter
• The company posted a $1.9 billion operating loss
• Elon Musk will retain 85.1% voting control after the IPO
• SpaceX plans to list on Nasdaq under the ticker “SPCX”

One of the biggest surprises:
The filing reportedly reveals plans for near Earth asteroid mining operations signaling that SpaceX is positioning itself not only as a launch company, but as a future space resource giant.

AI company Anthropic will pay SpaceX $1.25 billion per month through May 2029, highlighting the growing connection between AI infrastructure and space based communications.

While the IPO size and final valuation remain undisclosed, previous reports suggested SpaceX explored raising around $75 billion at a valuation near $1.75 trillion.

If confirmed, this would instantly become one of the most important public offerings in financial history, merging AI, aerospace, satellite networks, and space industrialization into a single market giant
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