The Latest Breaking News from Starlink

Musk's SpaceX Files For Blockbuster IPO As Starlink Profits Offset Deep Company Losses

SpaceX has formally launched plans for a massive public stock offering, opening its financial records to investors for the first time and revealing a business generating billions in revenue while still losing heavily on operations.

International Business Times · May 21

Elon Musk Won't Get Paid His New SpaceX Bonus Until 1 Million People Move to Mars

Elon Musk's SpaceX bonus is contingent on achieving a $7.5 trillion valuation and establishing a permanent human colony on Mars with at least one million people, according to the company's IPO filing.

International Business Times UK · May 21

SpaceX's nearly $2 trillion IPO is heavily banking on this one entity and it's top on Elon Musk's priority list

SpaceX would join a small group ‌of companies valued at $2 trillion, most of which have steady revenue and strong profits.

The Economic Times · May 21

SpaceX's IPO filing is full of surprises

SpaceX’s long-awaited IPO prospectus was revealing. Here are some key takeaways.

Fortune · May 21

Elon's Baby Mama Ashley St Clair Claims Musk Had Secret Election Data Before Trump Victory Was Announced

Ashley St Clair claims Elon Musk had access to real-time election data before Trump's 2024 victory, sparking conspiracy theories about his influence in American politics.

International Business Times UK · May 21

SpaceX IPO ready for launch as countdown begins for what could be the biggest ever listing

SpaceX plans a record-breaking IPO that could raise around $75 billion (€64.5bn) despite ongoing losses. The Elon Musk-led firm says funds will support Moon and Mars missions, while strong Starlink earnings contrast with losses in X and xAI.

Euronews · May 21

Musk to Seize Total Control of SpaceX IPO With Absolute 85% Voting Power

SpaceX is set for a historic IPO, revealing financial details and ambitious plans for multiplanetary expansion, while maintaining control under Elon Musk's leadership.

International Business Times UK · May 21

SpaceX, the sprawling company targeting the stars, Mars and an IPO

SpaceX, founded by Elon Musk, is now a dominant force in the commercial space industry, aiming for Mars colonization and Moon missions with its Starship rocket. The company is also developing Starlink and plans a massive IPO. Despite early failures, SpaceX's innovative approach has led to significant achievements, though experts…

The Economic Times · May 21

SpaceX IPO filing lays bare losses and Elon Musk control as it stakes future on AI

SpaceX has filed for its IPO, revealing substantial losses in its artificial intelligence division. The company's future hinges on unproven technologies like space data centers. Starlink, its satellite internet service, remains the only profitable segment. The IPO could be the largest ever, valuing SpaceX at a record amount.

The Economic Times · May 21

Elon Musk's pay package reveals what SpaceX actually is: a $1 trillion monster built to colonize Mars

‘We do not want humans to have the same fate as dinosaurs,’ the prospectus reads.

Fortune · May 20