Elon Musk s SpaceX Files for IPO on Nasdaq Under SPCX Symbol
37 Video Views·May 21, 2026
Elon Musk's SpaceX has filed papers to go public on the Nasdaq under the symbol SPCX. SpaceX is targeting as much as $75 billion in its listing at a valuation of more than $2 trillion, people familiar with the matter have said. Ed Ludlow reports on "Bloomberg The Close."
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AI GeneratedSpaceX is reporting significant financial growth, with first-quarter revenues nearing $5 billion and total annual revenue reaching $11.4 billion. The company is leveraging its vertical integration and rocket platform to dominate the satellite broadband market via Starlink, while pivoting toward a future centered on space-based AI data centers.