SpaceX files IPO paperwork, reports $18.7 billion revenue (opens in new tab)

SpaceX publicly filed its U.S. IPO paperwork with the Securities and Exchange Commission on May 20, disclosing financial details for Elon Musk’s rocket, satellite internet and AI company ahead of a planned Nasdaq listing under the ticker SPCX. Reports said the sale could become the largest initial public offering on record, with some citing a possible raise of up to $75 billion and valuation estimates ranging from about $1.75 trillion to nearly $2 trillion. The filing showed rapid revenue gro...