SpaceX’s IPO Details
On June 12, 2025, SpaceX will complete its initial public offering (IPO), aiming to sell over 555 million shares at a fixed price of $135 each, which will value the company at approximately $1.77 trillion. This would mark the largest market capitalization at debut for a publicly traded company.
SpaceX, which accounted for over 80% of U.S. rocket launches last year, reported annual revenue growth of 33%, reaching $18.7 billion. Despite a net loss of $4.9 billion last year, the company achieved a net profit of about $791 million in 2024. The company currently has over 12 million Starlink internet subscribers across 160 countries.
With a valuation of about 94.7 times last year’s sales, questions remain regarding profitability and margin outlook as SpaceX continues to invest heavily for future growth amidst a capital-intensive industry landscape.
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