SpaceX IPO filing reveals soaring revenue but deep losses
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SpaceX's IPO filing reveals $18.7 billion in projected 2025 revenue but a $2.6 billion operating loss, primarily from Starlink. The IPO could raise $75–80 billion, valuing the company at $1.75 trillion, surpassing Saudi Aramco. Elon Musk will maintain 85% voting power, with risks including Starship delays and high valuation.
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