spacetoday.net: SpaceX files to go public

Posted: Sat, May 23, 2026, 8:19 AM ET (1219 GMT)
SpaceX officially filed plans to go public Wednesday, offering details about its finances and long-term ambitions. The company filed paperwork with the Securities and Exchange Commission to go public on the Nasdaq exchange, but did not disclose how many shares it plans to sell or at what price. The filing did provide details about the company's finances, showing it generated $18.7 billion in revenue in 2025 and adjusted EBITDA of $6.6 billion, but a net loss of $4.9 billion. SpaceX divides its business into three segments, called space, connectivity and AI; space includes launch and related services while connectivity includes its Starlink system. Starlink accounted for the majority of its 2025 revenue. SpaceX projected a total addressable market for its services of a whopping $28.5 trillion, a figure dominated by AI, which in turn relies on orbital data centers.