The company posted a $23.3 billion net loss in the third quarter. Its S-1 prospectus filed the week of October 2026 now includes financials through the first half of the year. Revenue growth is slowing ahead of a planned IPO November 2026.
The filing details $895.4 billion in purchase commitments. The initial S-1 filing only contained data through the first half of the year. The latest documents provide a more complete picture of the company’s financial health.
Investors will scrutinize the slowing revenue growth and massive purchase commitments. The company is set to go public November 2026. This move will test the market’s appetite for high-growth companies with significant losses.
