SpaceX’s: The Biggest IPO in History - Ticker symbol: SPCX - Exchange: Nasdaq - Valuation: expected > $1.8 Trillion - Expected IPO date: Ju…
SpaceX’s: The Biggest IPO in History
- Ticker symbol: SPCX
- Exchange: Nasdaq
- Valuation: expected > $1.8 Trillion
- Expected IPO date: June 12
- Raising: $80B+
- FY 2025:
- rev: $18.7B
- Operating Loss: $2.6B
- Connectivity rev: $11.4B
- Space rev: $4.09B
- AI rev: $3.2B (makes money from ads on the X as well as subscriptions to xAI’s Grok chatbot)
Capital Expenditures (FY2025):
- AI segment: $12.73B
- Connectivity segment: $4.18B
- Space segment: $3.83B
FY 2026:
- Q1 rev: $4.7B
- Q1 Operating Loss: $1.9B
- Connectivity rev: $3.26B
- Space rev: $619M
- AI rev: $818M
- Adj EBITA: $1.13B
- Anthropic would pay SpaceX $1.25bn a month through to May 2029
- ~9,600 Starlink satellites in LEO serving ~10.3million subscribers