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The disclosure of the SpaceX company's listing file revealed notable financial data, most prominently:
Starlink's revenue surged by 842% over two years to reach $4.42 billion compared to $469 million in 2023, and cash liquidity increased to $22.8 billion after being much lower previously.
Meanwhile, the documents showed that xAI consumed about $6.4 billion during 2025, reflecting a significant rise in the cost of developing artificial intelligence projects within Elon Musk's ecosystem.
The files also indicated that Elon Musk and major insiders in the company will continue to hold voting control even after the company's stock market listing, because the stock system grants them greater voting power than their actual ownership stake...
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