SpaceX has officially filed for an IPO on the Nasdaq under the ticker $SPCX. The company projects 2025 revenue of $18.67 billion, a 30% increase, but expects a net loss of $4.94 billion compared to a $791 million profit in 2024. Capital expenditures are planned at $20.7 billion, with $12.7 billion allocated for AI investments.
In Q1, SpaceX reported revenue of $4.694 billion and an operating loss of $1.943 billion. The filing also highlights operational metrics: approximately 650 total launches and over 85% of missions using reused boosters.
The financial disclosure suggests a potentially lower initial market cap, though prediction markets still show strong support for valuations exceeding $1 trillion. The ticker confirmation resolves prior speculation, with Polymarket odds indicating 98.9% certainty for $SPCX.