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SpaceX's first earnings report as a public company reveals massive investment in Starlink and AI, as revenue growth struggles to outpace market volatility.

New reports indicate Elon Musk intends to keep 84% voting control in a future SpaceX IPO, sparking debates over shareholder rights and the influence of founder-led corporate governance.

SpaceX is reportedly gauging investor interest for a valuation near $1.8 trillion. If realized, the move would mark the largest IPO in history and significantly alter the aerospace investment landscape.

SpaceX is currently outperforming its 2025 launch record, having deployed 1,589 Starlink satellites in the first half of 2026 alone.

SpaceX is evaluating a new funding model to secure public-level capital while bypassing a traditional IPO, a move that could reshape how private mega-companies access liquidity.

Reports suggest SpaceX could release IPO terms today, potentially signaling a major shift for public markets and the aerospace industry as investors await formal confirmation.