BusinessMay 30, 2026

SpaceX Goes Public: What the S-1 Reveals and Why People Are Talking About FOMO

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② Start Lesson

Key Vocabulary

IPO/ˌaɪ.piːˈoʊ/

When a private company sells shares to the public.

"The company held an IPO to sell stock to new investors."

Nasdaq/ˈnæz.dæk/

A major U.S. stock exchange where many tech companies list.

"Many technology firms list on Nasdaq."

Starlink/ˈstɑːr.lɪŋk/

SpaceX's satellite internet service.

"Starlink can provide internet in remote places."

Listening

SpaceX Goes Public: What the S-1 Reveals and Why People Are Talking About FOMO

SpaceX filed for an IPO with the U.S. Securities and Exchange Commission on May 20, 2026. The company plans to list on Nasdaq, a U.S. stock exchange, and may try to raise about $75 billion.

Elon Musk will keep most of the voting power after the IPO, about 85.1 percent. Big banks such as Goldman Sachs and Morgan Stanley will lead the offer. Some finance experts warn that many investors feel pressure to buy because they fear missing out.

Starlink is SpaceX's satellite internet service and brings most of the company's revenue. The IPO will make SpaceX public for the first time in 24 years.

105 words

Quiz

1. When did SpaceX file for an IPO?

2. Where will SpaceX plan to list?

3. What is Starlink?

Reading Practice

Read the article from the Listening section aloud. Your AI teacher will give you pronunciation feedback.

Discussion

Do you feel pressure to buy popular stocks when friends talk about them? Why or why not?

Have you ever missed a chance to buy something and later wished you had bought it?

What do you think about companies that are led by one strong founder? Do you trust them?