Much of the outlook relies on SpaceX dominating technologies and markets that do not yet exist – from Mars missions to AI data centers in space.

The rocket maker’s IPO filing outlines billions in AI spending, Starship development, and Elon Musk’s effort to consolidate his companies.

SpaceX's IPO filing reveals xAI lost $6.4 billion in 2025 while planning a massive Grok expansion — offering the first public look at Elon Musk's AI financials and more details…

SpaceX is looking to go public on June 12, in what would likely be the largest IPO in history.