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Elon Musk’s SpaceX readies for Wall Street blastoff with new filing projecting $28.5 trillion in future revenue

did:plc:xmmd5bkhgutjvdsqe2ruf5k3 May 20, 2026
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Elon Musk's SpaceX on Wednesday filed paperwork to go public next month, aiming for an out-of-this-world valuation projected around $1.5 trillion – the biggest IPO in history. Wednesday’s filing also disclosed new business details and ownership structure – including total capital expenditures at SpaceX of an eye-watering $20.7 billion. The rocket company owns Musk’s AI...

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