Elon Musk's SpaceX IPO filing is out

SpaceX filed for an initial public offering ahead of its expected stock market debut next month, which could make Elon Musk the world's first trillionaire. SpaceX has become the world's most successful commercial space company and a major partner to NASA. The IPO filing reported a net loss of $4.9 billion on $18.67 billion in revenue for 2025.