SpaceX, owned by Elon Musk, has filed for an initial public offering with a projected valuation of $1.75 trillion, potentially making it the largest IPO in history. This process is expected to generate fees ranging from $800 million to over $1 billion for banks. SpaceX plans to allocate 30% of shares to retail investors, noting that the company reported a net loss of $4.28 billion in the first quarter.
SpaceX plans to bypass traditional 180-day IPO lock-up periods by introducing a staged resale system linked to specific company performance milestones.
Read the full storySpaceX's IPO filing reveals a $4.28 billion Q1 loss and a super-voting share structure designed to maintain Elon Musk's control.
Elon Musk’s space venture targets a $75 billion capital raise to fund Starship and AI infrastructure in a landmark S-1 filing.