economy

SpaceX is public: Everything you need to know post-IPO

TechCrunch has followed SpaceX's start, struggles, and successes from the early days. And we're here for what happens next too. This package of SpaceX IPO coverage includes who stands to win (and maybe some who won't), pre-IPO deals, and what's tucked inside its S-1 registration document.

SpaceX is public: Everything you need to know post-IPO

TL;DR

  • SpaceX's IPO raised $75 billion, becoming the largest in history and making Elon Musk a trillionaire.
  • Shares increased significantly on the first day of trading, opening at $150 and closing higher.
  • The S-1 filing revealed substantial losses, AI bets, Starlink's dominance, and future business prospects.
  • Elon Musk retains significant voting power, estimated at 85.1%.
  • SpaceX COO Gwynne Shotwell suggested a potential merger between SpaceX and Tesla.
  • Pre-IPO deals include significant compute payments from Anthropic and Google to xAI.
  • The IPO has the potential to make thousands of SpaceX employees millionaires.