New York Post
20 May 2026, 22:47 UTC · 22h ago
Source · https://nypost.com/2026/05/20/business/elon-musks-spacex-readies-for-wall-street-blastoff-with-new-filing-projecting-28-5-trillion-in-future-revenue/
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SpaceX has filed for an IPO on the Nasdaq expected for June 12, with a projected valuation of approximately $1.5 trillion. — A listing of this magnitude would be the largest IPO in history and create a massive new liquidity event for a previously private titan.
+0.90SpaceX projects a total future revenue opportunity (TAM) of $28.5 trillion, with $26.5 trillion derived from AI projects. — While speculative, the scale of AI revenue claims signals an aggressive expansion into the AI sector that could move tech sentiment.
+0.60SpaceX reported 2025 revenue of $18.6 billion (up 33% YoY) but experienced a net loss of $4.3 billion for the quarter ending March 31. — High growth is offset by significant losses and a valuation that would be 80x sales, suggesting potential overvaluation risk.
-0.30Search tags
Total capital expenditures reached $20.7 billion, with the AI business spending $12.7 billion. — Massive capex burn indicates high risk and a long horizon before the company reaches sustainable profitability.
-0.20Elon Musk will retain majority voting power and hold 93.6% of Class B shares following the IPO. — Ensures continuity of leadership and vision but limits investor influence over corporate governance.
+0.10Impact vectors
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Model heads
The company is preparing for a historic IPO with massive projected future revenue and a high valuation.
Analyst predicts potential synergy and combination with SpaceX to lead the AI revolution.
Mentioned only as a historical benchmark for IPO fundraising size.
