SpaceX officially files for IPO

Elon Musk's space exploration company SpaceX on Wednesday officially filed for a Nasdaq IPO. The company intends to list under the ticker SPCX.

• SpaceX Q1 revenue 4,694 million, loss from operations of1,943 million

• SpaceX Q1 space segment revenue $619 million

• SpaceX Q1 connectivity segment revenue $3,257 million

• SpaceX Q1 AI segment revenue $818 million

• SpaceX: 5% or greater shareholders include Elon Musk

• SpaceX: Will have "controlled company" status after IPO, does not need majority of board to be independent

• SpaceX: Musk will have power to control outcome of matters that need shareholder approval

• SpaceX: Does not expect to declare or pay dividends to holders of Class A stock in the foreseeable future

• SpaceX: Elon Musk has combined voting power of 85.1%

• SpaceX: Elon Musk owns 12.3% of Class A shares, 93.6% of Class B shares

• SpaceX: After IPO, Musk will be CEO, CTO and chairman of the board

• SpaceX: Musk can elect, remove, or fill vacancy among Class B directors

Goldman Sachs, Morgan Stanley, BofA Securities, Citigroup and J.P. Morgan are lead underwriters.

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