(FILES) Elon Musk looks on as US President Donald Trump speaks at the US-Saudi Investment Forum at the John F. Kennedy Center for the Performing Arts in Washington, DC on November 19, 2025. SpaceX's filing with US regulators was revealed on May 20, 2026, laying out plans for what could become the largest initial public offering in history as Elon Musk's rocket and satellite company seeks to raise up to $75 billion on the public markets. The filing with the Securities and Exchange Commission -- the first time SpaceX has publicly disclosed detailed financial information -- revealed that the company generated $18.7 billion in revenue in 2025 and posted an operating loss of $2.6 billion as it poured money into next-generation rocket development and AI. (Photo by Brendan SMIALOWSKI / AFP via Getty Images)