SpaceX Files for Historic IPO Despite Posting Record Quarterly Loss
SpaceX filed its S-1 registration with the SEC, aiming to become the largest IPO in history by raising up to $75 billion and targeting a valuation of as much as $2 trillion. However, it reported a net loss of $4.28 billion for Q1 2026 due largely to its all-stock acquisition of xAI earlier that year.
Tickers: $SPCX
Topics: IPO losses SpaceX xAI acquisition