SpaceX to Go Public with Dual-Class Share Structure and Massive Operating Loss
Elon Musk's SpaceX is preparing for its initial public offering (IPO), expected to be one of the largest in history. The company filed an S-1 form revealing a dual-class share structure that grants Musk near-total control, as well as financials showing $18.7 billion in 2025 revenue but also a significant $2.6 billion operating loss.

Topics: dual-class shares Elon Musk IPO SEC filing SpaceX