The Rocket Fuel for Musk's Ambition Elon Musk's SpaceX has filed for an initial public offering (IPO) that could be historic, valuing the company at $1. 7 trillion.
This move marks a significant milestone not only for Musk but also for the global space industry, which is about to receive a massive influx of capital. SpaceX's financials reveal a story of growth and consolidation.
Revenue skyrocketed to $18. 7 billion in 2025, driven primarily by its Starlink satellite business, which generated over $11. 4 billion.