The Long March 8’s second stage uses two YF-75 engines that produce 17 tons of thrust.

The Long March 8 can carry 8,100 kilograms to low Earth orbit, 5,000 kilograms to a 700-kilometer sun-synchronous orbit, 2,800 kilograms to geostationary transfer orbit, and 1,500 kilograms to a trans-lunar trajectory.

Each Qianfan satellite uses an electric hall-effect thruster burning krypton to generate 20 millinewtons of thrust with a specific impulse of 1,385 seconds.

The June 5 Long March 8 launch carried eighteen Qianfan satellites into a polar orbit.

The eighteen satellites launched on June 5 were the twelfth overall group of the Qianfan constellation.

The Long March 8 uses a two-and-a-half-stage design and burns rocket-grade kerosene and liquid oxygen in its first stage and boosters, along with liquid hydrogen and liquid oxygen in its second stage.

The June 5 launch brought Qianfan’s total launched satellite count to 200.

Qianfan aims to provide space-based internet connectivity services in China and abroad, including Brazil, Malaysia, Kazakhstan, Türkiye, and airline users.

The Long March 8 stands 50.34 meters tall and weighs 356,000 kilograms when fully fueled.

The Long March 8 has flown only from the Wenchang Space Launch Site and the Wenchang Commercial Space Launch Site on Hainan Island.

The Long March 8 uses YF-100 engines on its first stage and boosters, with two engines on the first stage and one on each booster.

The Long March 8’s first-stage and booster engines generate a combined 490 tons of thrust at liftoff.

The Innovation Academy for Microsatellites of the Chinese Academy of Sciences produced the eighteen Qianfan satellites launched on June 5.

Qianfan has approval to operate 15,000 satellites in total.

The Qianfan mega-constellation is operated by Shanghai Spacesail Technologies Co Ltd.

The China Aerospace Science and Technology Commercial Launch Vehicle Group managed the June 5 Qianfan launch on behalf of Shanghai Spacesail Technologies.

Qianfan’s deployment plan calls for 324 satellites launched in 2026, another 324 in 2027, 4,000 in 2028 and 2029, and 5,000 in 2030.

Starlink generated $11.387 billion in revenue in 2025, up 50% from 2024.

Elon Musk will continue to control SpaceX after the offering.

SpaceX expects to raise $75 billion from the share sale.

SpaceX was founded in 2002 as Space Exploration Technologies.

Elon Musk will retain 92% of SpaceX’s class B shares and 12% of its class A shares.

Starship posted an operating loss of $657 million in 2025.

Starlink has more than 10.4 million active subscribers.

SpaceX recorded a net loss of $4.276 billion in the first quarter of 2026 on revenue of $4.694 billion.

SpaceX expects 2026 revenue of $24 billion.

Elon Musk will control 82% of SpaceX’s voting rights.

Starlink is SpaceX’s main revenue generator and is expected to provide about 80% of SpaceX’s projected 2026 revenue.

Starlink is projected to generate between $15.9 billion and $18.7 billion in 2026 revenue.

SpaceX plans to list on Nasdaq in New York and Texas under the ticker SPCX.

SpaceX had $15.852 billion in cash, $29.132 billion in debt, and $102.094 billion in assets at the end of the first quarter of 2026.

Starlink produced $4.423 billion in EBITDA in 2025.

SpaceX’s target valuation implies a 2025 revenue multiple of 80 times.

SpaceX’s implied valuation is $1.77 trillion.

SpaceX’s listed group will include Starlink, Starship, xAI, and X Holdings.

SpaceX delivered 1,210 metric tons to orbit in 2023, 1,699 metric tons in 2024, 2,213 metric tons in 2025, and 556 metric tons between January and March 2026.

SpaceX’s AI business posted a $6.355 billion loss in 2025.

SpaceX’s IPO would exceed Saudi Aramco’s 2019 IPO, which raised nearly $25 billion.

SpaceX’s launch success rate is above 99%.

SpaceX allocated $3 billion to its Starship division in 2025.

SpaceX said it will not pay dividends in the near term and will reinvest its funds in its projects.

SpaceX recorded a net loss of $4.937 billion in 2025.

Starship generated $4.086 billion in revenue in 2025.

SpaceX generated $18.674 billion in revenue in 2025, up 33% from 2024.

SpaceX would become the sixth-largest company in the S&P 500 at a $1.77 trillion valuation.

SpaceX set its IPO share price at $135 per share.

SpaceX has about 22,000 employees.

Blue Origin’s New Glenn rocket exploded during a static-fire test on 28 May, destroying its only active launch pad.

SpaceX filed its preliminary IPO prospectus with the U.S. Securities and Exchange Commission after 24 years in operation.

SpaceX’s AI business generated $3.201 billion in revenue in 2025.