The stock market debut of SpaceX -- Elon Musk's rocket, satellite and company -- expected Friday, could be the biggest in history. Here are the key numbers.
The amount SpaceX hopes to raise by selling new shares to investors. That target would be triple the all-time record, set by Saudi oil giant Saudi Aramco in 2019 ($25.6 billion).
SpaceX's estimated worth, or "valuation" -- what the market thinks the entire company is worth if you added up all its shares.
That figure includes xAI, Musk's AI startup and the X social network (formerly Twitter), which SpaceX absorbed in February.
It would make SpaceX the eighth most valuable company on Earth, right behind the biggest names in tech.
How much money SpaceX brought in during 2025 -- its total sales before expenses. That was up a third from the year before, and most of it (61%) came from Starlink, the satellite service that beams internet to homes from orbit.
The amount SpaceX lost in 2025. Even with all that revenue, it spent far more than it earned, mostly because building AI is extremely expensive -- nearly $10 billion last year alone.
A loss doesn't mean the company is failing; it often means it is investing heavily in future growth.
Elon Musk's personal fortune, according to Forbes. If the IPO goes well and SpaceX's share price climbs, Musk could become the world's first trillionaire -- the first person in history to be worth more than $1,000,000,000,000.
82 percent: The share of SpaceX voting rights Musk will hold after the IPO. Even though new shareholders will own a slice of the company, Musk will keep almost all the decision-making power -- a common setup in tech, where founders often hold special "super-voting" shares.
SpaceX's own estimate of the total value of all the markets it operates in -- rockets, satellites, internet, AI, and more. To put that in perspective, the entire US economy produced about $30.36 trillion worth of goods and services in 2025.
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