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Elon Musk's SpaceX IPO plans reveal blockbuster spending on rockets and AI

A SpaceX rocket is getting prepared for another attempt to liftoff at NASA's Kennedy Space Center in Cape Canaveral, Fl., on Sept. 9, 2024. The Elon Musk-controlled company is preparing to go public in what's expected to be the biggest listing in history. (Getty Images)
A SpaceX rocket is getting prepared for another attempt to liftoff at NASA's Kennedy Space Center in Cape Canaveral, Fl., on Sept. 9, 2024. The Elon Musk-controlled company is preparing to go public in what's expected to be the biggest listing in history. (Getty Images)

This article was originally published on May 20, 2026.

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