SpaceX files for IPO as rocket company preps for market debut

MoneyWatch SpaceX files for IPO as Elon Musk's rocket company preps for public market debut .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Mary Cunningham Mary Cunningham Reporter, MoneyWatch Mary Cunningham is a reporter for CBS MoneyWatch. She previously worked at "60 Minutes," CBSNews.com and CBS News 24/7 as part of the CBS News Associate Program. Read Full Bio Mary Cunningham May 20, 2026 / 5:19 PM EDT / CBS News Add CBS News on Google SpaceX filed for an initial public offering on Wednesday, as the Elon Musk-owned rocket manufacturer moves to raise more capital for its space, AI and satellite ventures. The move comes after SpaceX filed a confidential IPO with the Securities and Exchange Commission last month. SpaceX did not disclose how much money it is seeking to raise, but previous estimates put the amount at up to  $75 billion.Musk founded SpaceX in 2002 to develop and launch spacecraft. The Texas-based company also owns Musk's artificial intelligence company, xAI and his satellite company, Starlink.— This is a developing story and will be updated Edited by Alain Sherter .component--type-recirculation { .item:nth-child(7), .card-recirc:nth-child(7) { display: none; } } #inline-recirc-item--id-ac2be6ba-90c6-4a11-98dc-ba3ee434e51f, #right-rail-recirc-item--id-ac2be6ba-90c6-4a11-98dc-ba3ee434e51f { display: none; } #inline-recirc-item--id-ac2be6ba-90c6-4a11-98dc-ba3ee434e51f ~ .item:nth-child(7) { display: block; } In: Elon Musk SpaceX © 2026 CBS Interactive Inc. All Rights Reserved.