SpaceX President Warns Investors Against Buying Stock

SpaceX President Gwynne Shotwell warned potential shareholders that the company measures its operating horizon in decades, not quarters, and resists short-term performance pressure. SpaceX debuted at a $2.1 trillion valuation, generating $4.1 billion in quarterly revenue while burning $9.1 billion in free cash flow. Starlink, SpaceX's only profitable business, anchors the long-term investment case.