SpaceX publicly released an investor prospectus on Wednesday as part of its plan for a $1.75tn debut on the US stock market next month, revealing unseen details about the finances and future plans of Elon Musk’s flagship company. In addition to new information on operating costs and revenue, the filing also included trademark Muskian sweeping proclamations about the universe and insights into some of the quirks of his tech empire.
Scattered throughout the 300-plus-page prospectus are several disclosures and risk warnings that show the eccentricities of Musk’s company and its cosmic ambitions. Other financial details in the document highlight how interdependent Musk’s various businesses have become and the risks that they carry.
As SpaceX barrels towards the largest initial public offering (IPO) in the history of the US stock market, here is a look at some of the strange details buried within its filing.
SpaceX spent about $131m on Cybertrucks last year
SpaceX appears to have done extensive business with Tesla, spending hundreds of millions of dollars with Musk’s electric car company in recent years. Although much of that money – $506m to Tesla in 2025 and $191m in 2024 – went to purchasing Tesla’s Megapack battery product, SpaceX also spent lavishly on Cybertrucks.
The prospectus discloses that in 2025 SpaceX obtained $131m worth of Cybertrucks at the manufacturer’s suggested retail price, which ranges between about $69,900 and $99,900, depending on the options. At that price, SpaceX would have acquired at least 1,300 vehicles.
Tesla only sold a total of 20,237 Cybertrucks last year, according to auto industry sales reports, meaning that SpaceX’s purchases made up a significant portion of its overall sales.
Extend ‘the light of consciousness’ to the stars
Throughout the investor prospectus, SpaceX reiterates that its ultimate goal is to establish colonies on the moon and Mars that will usher in human civilization’s next evolution and expand humanity’s presence in the universe.
“By moving beyond the only home we have ever known, we ensure species-level redundancy and that the light of consciousness will not be tied to a single planet subject to the inevitable hazards of a harsh and vast universe,” the prospectus says. “We do not want humans to have the same fate as dinosaurs.”
At one point, the prospectus includes what appears to be an AI-generated rendering of life on Mars. The image shows a family on Mars looking out at a rocket launch amid a field of geodesic domes and rows of solar panels.
The sci-fi rhetoric is not theoretical; it bears financial stakes. Musk will receive an award of 1bn shares in the company if SpaceX achieves “the establishment of a permanent human colony on Mars with at least 1 million inhabitants”.
The interplanetary ambitions of SpaceX’s central mission also…
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