SpaceX IPO Prepares to Launch, Stirring Global Financial Markets

Kathmandu. The world financial market has started a big stir as American tech billionaire Elon Musk's space company SpaceX prepares to enter the stock market. The company is preparing to bring an Initial Public Offering (IPO) under the symbol 'SPCX' in the Nasdaq stock market of America. Analysts have said that this could be the biggest IPO in history.

Founded in 2002, SpaceX is known for manufacturing rockets, spacecraft, and reusable launch systems. The company has been transporting goods and humans to the International Space Station in collaboration with the American space agency NASA. In addition, the company has expanded its influence through Starlink internet service and artificial intelligence platform xAI.

An IPO is the process by which a private company transforms into a public company by selling shares to the general public for the first time. After SpaceX's IPO, general investors will also be able to buy and sell the company's shares. Along with this, they will also get the right to vote in the company's annual general meeting.

According to international media, SpaceX aims to raise more than approximately $80 billion. The company's market valuation is estimated to reach between $1.75 trillion and $2 trillion. If successful, Musk has the potential to become the world's first 'trillionaire' (in dollars).

This IPO is also seen as an event that will determine the future of the global private space industry. According to Gerry Ang, a senior economist at the French investment bank Natixis, SpaceX's success could be a historic turning point for the space economy. He said that reusable rocket technology can reduce the cost of space travel and create new supply chains and business opportunities.

SpaceX's IPO is estimated to break the records of previous famous IPOs. In 2019, 'Saudi Aramco' set the world's largest IPO record by raising $25.6 billion. After that, IPOs of Uber, Alibaba Group, and Meta Platforms came into discussion.

Another characteristic of SpaceX is the provision for Musk's excessive control over the company. Even after the IPO, Musk will retain 85 percent voting rights in the company. Due to the dual share structure, some shares will have 10 times more voting power than usual.

In the documents submitted to the US Securities and Exchange Commission (SEC), the company has presented the goal of 'making human life multi-planetary'. Musk has reiterated his long-term plan to establish a self-sustaining human settlement on Mars.

However, the company is still at a loss. Although SpaceX earned $18.6 billion in 2025, it incurred a net loss of $4.9 billion. The company also reported a loss of $4.3 billion in the first quarter of the current year. Analysts have cited the purchase of artificial intelligence company xAI as one of the main reasons for the loss.