SpaceX IPO: $2 Trillion Valuation. Billions in Losses.

SpaceX's IPO roadshow officially kicked off today, pitching institutional investors on what could become the largest public offering in history — a $75 billion raise targeting a valuation of nearly $2 trillion.

But the S-1 filing tells a more complicated story. Only one segment of the business is actually profitable: Starlink, the satellite internet division, which generated $4.4 billion in operating profit in 2025. The rocket business runs at a loss. The AI division, inherited from the xAI merger in February 2026, posted $6.4 billion in operating losses last year alone.

That leaves Starlink carrying the entire company — while Musk asks investors to pay nearly 100 times revenue. And through a dual-class share structure, he retains 85% of the voting control. Pricing is set for June 11, with trading beginning June 12 on Nasdaq under ticker SPCX.

#SpaceXIPO #StockMarket #Investing #Finance #SPCX

Видео SpaceX IPO: $2 Trillion Valuation. Billions in Losses. канала WealthyAI