SpaceX plans biggest stock market debut ever SpaceX plans to go public with an initial public offering of 555,555,555 shares at $135 each, aiming to raise up to $75 billion and achieve a market value of $1.77 trillion. Despite current annual losses, the company intends to use the proceeds for infrastructure expansion in its AI and rocket businesses, with ambitious goals including establishing a permanent human colony on Mars. This IPO is seen as a major test for public markets, potentially paving the way for other AI giants like Anthropic and OpenAI to follow.

• SpaceX plans to raise up to $75 billion in its IPO, potentially becoming the largest stock market debut ever.
• The offering of 555,555,555 shares at $135 apiece would give SpaceX a market value of $1.77 trillion.
• Elon Musk’s voting power in the company would be 82.4% through his ownership of Class B shares.
• SpaceX reported a loss of $2.6 billion last year on $18.7 billion in revenue.
• Proceeds will fund expansion of AI and rocket infrastructure and boost Starlink Mobile satellite constellation.
• The company details ambitious plans, including establishing a permanent human colony on Mars.
• SpaceX sees potential AI revenue of up to $26.5 trillion, dependent on putting data centers in space.
• Anthropic has also submitted a confidential filing for its own IPO, and an OpenAI IPO is widely expected.