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Anonymousabout 12 hours ago

SpaceX has filed its S-1 with the SEC ahead of a targeted June 12 Nasdaq debut under ticker SPCX, seeking to raise $75 billion at a valuation of $1.75 trillion — which would make it the largest IPO in history and push Elon Musk toward becoming the world's first trillionaire. The filing reveals $18.7 billion in 2025 revenue but also a $4.9 billion net loss driven by the xAI merger, Starship development costs, and AI infrastructure spending, while a dual-class share structure giving Musk 85.1% voting control has drawn sharp criticism from major pension funds.