SpaceX files for IPO; CEO Elon Musk to control 85.1% of voting rights

SpaceX has filed for an IPO with the U.S. SEC and is targeting a June debut on NASDAQ under the ticker SPCX.

The company reported about $18.67 billion in 2025 revenue and a net loss of roughly $4.94 billion.

Starlink remains the main business, but SpaceX also revealed AI-related operations and cloud contracts tied to Anthropic.

Even after listing, Elon Musk is expected to retain about 85.1% of the voting power, preserving his control.