SpaceX raised $75 billion in its IPO, becoming the seventh-most-valuable U.S. public company at $2.1 trillion. The prospectus reveals SpaceX acquired xAI in February 2026 and expects a multi-year investment horizon before AI segment profitability. Those 12 words confirm insiders are cashing out at retail investors' expense.
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Summary by ByteBrief
You Probably Won't Get Rich Off the SpaceX IPO