SpaceX's Imminent IPO Sparks Reevaluation of Valuation

AB Kuai.Dong posted on X that SpaceX, the rocket company founded by Elon Musk, is nearing its initial public offering (IPO), with new details emerging from Reuters. Last year, SpaceX generated revenue between $150 billion and $160 billion, with an EBITDA profit of approximately $80 billion. Starlink, SpaceX's satellite internet service, contributed 50% to 80% of the revenue, with its user base exceeding 9 million and experiencing rapid growth. Insiders have disclosed that the IPO is expected to occur around Elon Musk's 55th birthday on June 28. This financial data has prompted numerous investment banks to urgently reassess SpaceX's IPO potential, which is anticipated to significantly exceed the previously disclosed valuation of $1.5 trillion.