SpaceX Filing Shows Losses, Musk’s Control
Bloomberg Television·2026-05-21 05:35
SpaceX is IPO filing tells you three [music] things immediately. Elon Musk is staying firmly in control, the company is burning a lot of cash and everything depends [music] on Starship. The filing shows Musk controls 85.1% of SpaceX's voting power through super voting shares.[music] It also explicitly says the company is highly dependent on Musk's leadership and vision. Financially, SpaceX reported $18.7% billion of revenue in 2025, [music] but it lost almost 5 billion. And in just the first three months of ...