SpaceX Files S-1 for Historic IPO with Valuation Range Between $1.75 Trillion to $2 Trillion
SpaceX has filed its S-1 prospectus with the SEC, signaling a potential historic IPO valued between $1.75 trillion and $2 trillion. The company reported $18.67 billion in sales for 2024 but incurred a net loss of $4.9 billion. Despite significant losses, SpaceX's growth-oriented business model positions it as a key player in rocket-launching services and satellite-based internet.
Topics: Elon Musk IPO S-1 filing SpaceX valuation