There are some big stakes for Indians who have an eye on the kind of growth you see in global tech as SpaceX makes its way to a major Wall Street moment. They are set to put up a record $75 billion, so if you want in when the market opens, you need to know the ins and outs of how to get there, and what the risks are. Now that they’ve put in a Form S-1, the Elon Musk outfit has started its road shows. The buzz in India is hard to miss, and it’s not just about the size of the thing. This is a rare opening to see a platform like this up close, with all its moving parts in space, connectivity and AI.
What makes this one different
Per the filing, SpaceX is going to put 555.6 million shares on the block at $135 apiece for a $1.75 trillion target. It’s a number that puts the offer in uncharted water and tells the public market, which is in the mood for some heavy-hitting infrastructure stories, that something is up.
When you have this much scale, you have to expect some ups and downs. For 2025, SpaceX is showing $18.67 billion in revenue, most of it from Starlink. But they also put up a net loss of about $4.9 billion, a far cry from the $791 million they made in 2024. The company will tell you it’s down to where they’re putting their money. They’ve doubled down to $20.7 billion in 2025 to build out xAI/Grok and the Starlink network.
The numbers and the when
The plan is to be where the capacity is, not to worry too much about margins in the short run. Then there’s the balance sheet to consider. They have 8,285 Bitcoins in a Coinbase Prime account, worth some $642 million. And as management will point out, a $10,000 move in the spot price of Bitcoin can mean an $83 million difference in your quarterly income.
For the Indian retail side of things
Look for final pricing on June 11, with the stock hitting the Nasdaq in New York on June 12, 2026. It’s the kind of venue you’d expect for a company of this calibre. All of this comes after the filings and the road shows. For an Indian, the clock doesn’t start until regular trading is under way; the US allocation phase isn’t where you’ll be involved.
