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SpaceX IPO set to lock in Musk’s control with Mars-linked pay deal
SPACEX IPO PROSPECTUS COULD HIT AS SOON AS NEXT WEEK
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SPACEX IPO PROSPECTUS COULD DROP AS SOON AS NEXT WEEK CNBC reports SpaceX is planning to publicly disclose its IPO prospectus as soon as next week. The company confidentially filed in April. The roadshow is expected to begin June 8. SpaceX is targeting a historic offering after merging with xAI at a combined $1.25T valuation. The reported IPO size is around $70B-$75B. That would be more than double Saudi Aramco’s record 2019 IPO.
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SpaceX could file their IPO prospectus as soon as next week, per CNBC
SpaceX may only be doing $15-$16B in annual revenue today, while aiming for a $2T IPO, and most people will look at that and say, “That valuation makes no sense... it's overvalued.” But to me, this company is still SIGNIFICANTLY undervalued. SpaceX owns the launch system. It owns the satellite network. It owns Starlink. It owns the path to orbital AI compute. And with Starship, it will become the lowest-cost access to space in human history. And honestly, this is why I think I’m going to become the first billionaire in my family tree. Not because I got lucky... but because I saw this before almost anyone I knew did. I did my homework. I understood from day 1 that SpaceX wasn’t just launching rockets, it was building the operating system for space.
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SpaceX has introduced a new 300GB @Starlink Roam tier for $80/month. "Up to 300+ Mbps. Reliable connectivity for regular travelers with multiple trips a month. Get unlimited low-speed data after using your Roam data. Note: 90th percentile download speeds."
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SpaceX deliberately accepted lower-revenue airline deals so Starlink WiFi wouldn’t be locked behind annoying portals, and complicated logins. The goal was simple: internet in the sky should just work, fast, easy, and available to passengers like WiFi at home. Once again Elon Musk chose customer experience over money. Legacy Media will never show you this.
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SpaceX has launched approximately 12,000 Starlink satellites into orbit
SpaceX is considering several locations domestically and internationally to build the world’s most advanced spaceports!
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SpaceX / xAI orbital datacenters will be wild...
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