SpaceX has submitted its S-1 filing, the first step toward going public with an initial public offering (IPO). The paperwork, long anticipated by investors, marks a major milestone for Elon Musk's private space company as it prepares to offer shares on the public market in 2026.
SpaceX's S-1 filing reveals Cloud Services Agreements with Anthropic, under which Anthropic will pay $1.25 billion per month through May 2029 for compute capacity across SpaceX's COLOSSUS and COLOSSUS II clusters, which also support SpaceX's own AI applications like Grok 5.
The post claims that SpaceX's upcoming IPO will be an exceptionally lucrative event for the technology sector.