SpaceX Is Going Public: Here's Everything You Need to Know

SpaceX Is Going Public: Here's Everything You Need to Know

From Run the Numbers by CJ Gustafson

May 25, 2026 · 42 min

About this episode

CJ breaks down SpaceX’s S-1 filing and its implications for various aspects of the company.

In this episode of Run the Numbers, CJ breaks down SpaceX’s S-1, unpacking what the filing reveals about Starlink, xAI, X, common control accounting, revenue, losses, CapEx, and Elon Musk’s Mars-linked compensation structure. — SPONSORS: RightRev is an automated revenue recognition platform built for teams that have outgrown spreadsheets and billing tool workarounds. It handles high-volume subscriptions, usage-based contracts, and mid-cycle upgrades, so you can scale without scrambling at month-end. For RevRec that keeps your books clean, visit https://www.rightrev.com/CJ Rillet is an AI-native ERP built for modern finance teams that want to replace NetSuite and close faster. With revenue recognition, close management, multi-entity support, and native Stripe and Salesforce integrations, Rillet helps scaling companies run their finance stack in one place. Hundreds of teams, including Windsurf and Mercor, use Rillet to make the zero-day close real. Book a demo at https://www.rillet.com/cj EY works with high-growth tech companies to navigate the messy realities of scaling—from regulatory requirements to IPO readiness. By helping teams get it right early and often, EY lets founders…

People in this episode

Host: CJ Gustafson

Topics covered

  • SpaceX IPO
  • financial analysis
  • Elon Musk
  • Starlink
  • xAI
  • common control accounting
  • revenue recognition

Keywords

  • SpaceX
  • S-1
  • Starlink
  • xAI
  • Elon Musk
  • revenue
  • losses
  • CapEx
  • IPO

Sponsors

RightRev, Rillet, EY

Mentioned in this episode

Organizations: SpaceX, Windsurf, Mercor

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