SpaceX Releases IPO Filing Before 12th Starship Test
SpaceX has released its IPO filing ahead of its 12th Starship test flight. The launch is planned for 5:30 p.m. on May 21 2026.
It will lift off from SpaceX's Starbase in Brownsville, Texas. SpaceX will fly its newest Starship model called V3.
The V3 is larger and more powerful than older versions. It stands 408 feet tall and has new Raptor 3 engines.
These engines have never been tested in flight. In its IPO filing SpaceX warned its business is highly dependent on Starship succeeding.
SpaceX spent $3 billion on Starship in 2025. It spent another $930 million in early 2026.
The IPO could raise up to $75 billion. That would value SpaceX at up to $1.75 trillion.
Klear Note — An IPO is when a private company sells shares to the public. Starship is SpaceX's rocket designed to carry people and cargo to space.
Key Terms 4
- IPO filing Documents filed when a company plans to sell shares to the public
- Starship SpaceX's giant rocket designed for deep space travel
- V3 SpaceX's third-generation Starship rocket prototype
- trillion One thousand billion — a very large amount of money