Elon Musk's rocket company is apparently gearing up for a massive public offering that could hit a $1.5 trillion valuation, and people are saying this might happen sometime next year. The listing would pull in over $30 billion and rank as one of the biggest stock debuts ever, sitting just behind Saudi Aramco's record from a few years back. SpaceX has been grinding since 2002, and it's become the go-to launch provider for basically everyone from governments to satellite companies.
The business has two major money makers at this point. First is the launch side with their reusable Falcon rockets, which have completely changed the game by making space access way cheaper. Second is Starlink, the satellite internet thing that's been blowing up globally. Musk mentioned the company expects to bring in $15.5 billion this year, and he's betting their commercial revenue will beat NASA's entire spaceflight budget by next year.
They completed 134 launches last year, which is absolutely wild, and they're aiming for 170 this year. The company is also working on Starship, that giant rocket system meant for Moon and Mars missions, and they're getting tapped for defense contracts like Trump's missile shield project.
The business has two major money makers at this point. First is the launch side with their reusable Falcon rockets, which have completely changed the game by making space access way cheaper. Second is Starlink, the satellite internet thing that's been blowing up globally. Musk mentioned the company expects to bring in $15.5 billion this year, and he's betting their commercial revenue will beat NASA's entire spaceflight budget by next year.
They completed 134 launches last year, which is absolutely wild, and they're aiming for 170 this year. The company is also working on Starship, that giant rocket system meant for Moon and Mars missions, and they're getting tapped for defense contracts like Trump's missile shield project.
