SpaceX’s long‑awaited IPO has moved from secrecy to the public eye after the company filed its S‑1 with the SEC. The document, now available online, names the ticker SPCX and lays out the firm’s plan to list on Nasdaq. Investors will see a detailed snapshot of Musk’s aerospace juggernaut, including its revenue streams and growth strategy.

A headline‑grabber in the filing is the $1.25 billion monthly payment from AI startup Anthropic, which will fund SpaceX’s use of xAI data centers until May 2029. The filing also flags ambitious orbital data‑center plans, noting that deploying up to a million satellites would hinge on a maze of domestic and international approvals. Those risks could delay a key revenue stream.

The disclosure clarifies how SpaceX’s tangled web of subsidiaries will generate cash for the new public company. By opening the books, the firm invites scrutiny of its satellite ambitions and AI partnerships. For shareholders, the S‑1 offers a clearer view of cash flows and regulatory hurdles, setting the stage for a Nasdaq debut that could reshape space‑tech financing.

Analysts note that the $1.25 billion per month from Anthropic alone could dominate SpaceX’s revenue mix once the company goes public. The S‑1 also details projected operating expenses, including satellite manufacturing and launch costs, giving investors a realistic sense of the scale required to sustain the company’s aggressive growth targets.