SpaceX just filed for what could be the biggest IPO ever

Elon Musk's final frontier is officially open for business now that SpaceX has formally filed its S-1 prospectus with the SEC. That kicks off what could be the largest initial public offering ever when it lists on the Nasdaq stock exchange with the ticker SPCX. SpaceX generated $18.

67 billion in revenue in 2025, driven largely by its Starlink satellite internet service, which brought in more than $11 billion, as reported by The Wall Street Journal. The company lost over $4. 9 billion last year, with capital expenditures soaring to $20. 7 billion last year, a leap from $11.