---
title: "The SpaceX IPO filing has arrived"
url: https://daily.dev/posts/the-spacex-ipo-filing-has-arrived-83byyudrj
source_url: https://techcrunch.com/2026/05/20/the-spacex-ipo-filing-has-arrived
type: article
source: "TechCrunch"
published: 2026-05-20T20:52:40.388Z
updated: 2026-05-23T15:16:16.461Z
tags: ["spacex", "ipo"]
reading_time: 3
upvotes: 0
comments: 0
language: en
---

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# The SpaceX IPO filing has arrived

**[TechCrunch](https://daily.dev/sources/tc)** · 3 min read · 0 upvotes · 0 comments

## Summary

SpaceX has publicly filed its S-1 IPO document with the SEC, targeting a Nasdaq listing under the ticker 'SPCX'. The filing reveals SpaceX lost $4.9 billion in 2025 on over $18 billion in revenue, with cumulative losses exceeding $37 billion since inception. Starlink dominates revenue, accounting for more than half of annual income. The xAI division (including Grok), merged into SpaceX, consumed roughly 60% of capital spending (~$20 billion) in 2025 while posting below-average AI revenue growth of 22%. The IPO is expected to raise around $75 billion at a $1.75 trillion valuation, potentially making it the largest IPO ever. Starship's continued development remains central to the company's long-term prospects.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://techcrunch.com/2026/05/20/the-spacex-ipo-filing-has-arrived>

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Tags: [#spacex](https://daily.dev/tags/spacex), [#ipo](https://daily.dev/tags/ipo)

[View this post on daily.dev](https://daily.dev/posts/the-spacex-ipo-filing-has-arrived-83byyudrj)
