SpaceYahoo Finance3 days ago
5 reasons the SpaceX IPO could flop
1 min read
SpaceX filed confidentially for an IPO this spring, with a combined valuation near $1.25 trillion after merging with xAI. The company earned $18.7 billion in revenue in 2025 but spends heavily. Morningstar values SpaceX at $780 billion, a 50% discount to its IPO price, suggesting the hype exceeds current earnings.
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