According to sources familiar with the matter, SpaceX plans to launch its IPO this Friday with an approximately $75 billion fundraising target, after obtaining investment-grade ratings from all three major credit agencies—Moody's, Fitch, and S&P Global.
As of March 31, SpaceX reported long-term debt of $29.1 billion, with $20 billion of transition loans maturing in September 2027. Q1 2026 revenue reached $4.69 billion against a net loss of $4.28 billion. However, the company has secured substantial future cash flows, including a $30 billion cloud services deal with Google (through 2029) and a roughly $45 billion three-year partnership with Anthropic.