SpaceX Files for Record IPO Amid Significant Losses
SpaceX has officially filed for an IPO aiming to raise up to $75 billion at a staggering $2 trillion valuation. The filing reveals a net loss of $4.28 billion in Q1 2026, alongside a dramatic increase in losses from its AI division, which surged to $6.36 billion in 2025. Elon Musk will maintain 85.1% voting power post-IPO through a dual-class share structure.
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