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SpaceX, owned by Elon Musk, has filed its listing on the US stock exchange, in a move that could achieve the largest IPO in history with an estimated value of $75 billion. This comes as it prepares to launch a new version of its giant Starship moon mission rocket.
SpaceX unveiled its ambitious IPO plans by filing the listing file with the U.S. Securities and Exchange Commission. The financial documents submitted for the first time showed that the company achieved revenues of $18.7 billion during 2025, in exchange for an operating loss of $2.6 billion as a result of huge investments in the development of advanced technologies. Media reports indicate that the targeted IPO volume is about 75 $1 billion, while the company's market capitalization could reach $1.75 trillion. The company carried out a 5: 1 stock split, which lowered the share price from $526.59 to $105.32 in preparation for the public offering scheduled for June 12. The new share structure ensures that Elon Musk retains 85% of voting power despite owning only 42% of the share capital. New bonus plans also include adding $130 billion to Musk's fortune, potentially making him The world's first trillionaire, provided ambitious goals are met, including the creation of a human colony on Mars with a million inhabitants. Technically, SpaceX is preparing to launch the twelfth version of the Starship rocket from Texas, which is 124 meters high. The mission will carry 20 imaginary satellites and two Starlink satellites equipped with cameras to test the heat shield, and the journey will take 65 minutes before landing in the Indian Ocean. These tests are important A strategy for NASA's Artemis program, which aims to return astronauts to the Moon in 2028. This comes amid US concerns about China's superiority in the space race, putting additional pressure on SpaceX to prove its technical capabilities in complex space missions. SpaceX's plans coincide with a huge upcoming wave of Wall Street IPOs, including OpenAI and Anthropic, which are targeting $60 billion each. The three IPOs, each valued at $1 trillion or more, are an extraordinary event in the history of financial markets despite current economic and geopolitical challenges.
Source: Al-Wehda Al-Arabia News Portal