--- title: "SpaceX's prospectus revealed: Revenue will increase by 33% in 2025; Satellite ETF E Fund (563530) has raised over 570 million in the past 10 days" type: "News" locale: "en" url: "https://longbridge.com/en/news/287146386.md" description: "SpaceX submitted a prospectus to the U.S. Securities and Exchange Commission, expecting revenue to reach $18.7 billion in 2025, a year-on-year increase of 33%. Despite a net loss of $4.9 billion, the core business Starlink has reached 10 million users. The satellite ETF E Fund (563530) has attracted over 570 million in the past 10 days, and the industry as a whole is benefiting from the maturity of rocket recovery technology and optimization of launch costs, expecting to enter a rapid growth phase" datetime: "2026-05-21T02:26:33.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/287146386.md) - [en](https://longbridge.com/en/news/287146386.md) - [zh-HK](https://longbridge.com/zh-HK/news/287146386.md) --- # SpaceX's prospectus revealed: Revenue will increase by 33% in 2025; Satellite ETF E Fund (563530) has raised over 570 million in the past 10 days As of 9:51, the CSI Satellite Industry Index (931594.CSI) rose by 0.94%. Among the weighted stocks, NavInfo increased by 3.63%, Huace Navigation rose by 1.48%, and Newray Energy gained 1.43%. As of May 20, the satellite industry index has increased by 81.33% over the past year. As of the last trading day, the Satellite ETF E Fund (563530) has been favored by investors, attracting over 140 million in the past 5 days and over 570 million in the past 10 days. In news, SpaceX has officially submitted its prospectus to the U.S. Securities and Exchange Commission. The prospectus dated May 20 shows that SpaceX's total revenue for 2025 is expected to reach $18.7 billion, a year-on-year increase of 33%, but with a net loss of $4.9 billion. The core business, Starlink, has reached 10 million subscribers. The funds raised from the IPO will mainly be used to repay bridge loans and expand AI infrastructure. If the valuation exceeds $1.5 trillion, the price-to-sales ratio could reach as high as 80 times, while the overall price-to-sales ratio of the top 15 U.S. companies by market capitalization is only about 7 times. SpaceX has applied to the U.S. Federal Communications Commission for permission to launch up to 1 million satellites and has positioned orbital AI computing satellites as the next major growth engine, with plans to start deployment as early as 2028. Recently, the global commercial space sector has entered a period of intensive launch activities. The Lijian-1 Yao-13 was successfully launched, and the domestic first commercial rocket company, China Aerospace Science and Industry Corporation, is preparing for an IPO. Additionally, the solar wind-magnetosphere interaction panoramic imaging satellite jointly developed by China and Europe was launched by the "Weaving Girl Star-C" rocket and successfully entered its designated orbit. Huaxi Securities recently stated in a research report that China's rocket and satellite industry chain is complete, with clear paths for collaboration in commercial space. With the maturity of rocket recovery technology and optimization of rocket launch costs, the industry may enter a rapid growth phase driven by the demand for constellation networking and the development of terminal consumption paths, benefiting upstream and downstream enterprises in the industry chain as a whole. The Satellite ETF E Fund (563530) tracks the CSI Satellite Industry Index, which comprehensively covers the satellite manufacturing and launching, ground equipment, satellite navigation, satellite communication, and remote sensing application sectors, helping investors seize investment opportunities in the commercial space sector ### Related Stocks - [563530.CN](https://longbridge.com/en/quote/563530.CN.md) - [002405.CN](https://longbridge.com/en/quote/002405.CN.md) - [300627.CN](https://longbridge.com/en/quote/300627.CN.md) - [300593.CN](https://longbridge.com/en/quote/300593.CN.md) - [002926.CN](https://longbridge.com/en/quote/002926.CN.md) ## Related News & Research - [SpaceX IPO filing brings Musk's interplanetary ambitions to Wall Street](https://longbridge.com/en/news/287123611.md) - [INSTANT VIEW-SpaceX files long awaited IPO, creating a fresh AI play](https://longbridge.com/en/news/287124128.md) - [Why Is Oklo Stock Surging On Wednesday?](https://longbridge.com/en/news/287096677.md) - [Micron's stock gets a boost. Are Samsung's problems helping?](https://longbridge.com/en/news/287092903.md) - [Go Big or Go Home? Top Investor Weighs In On Cerebras Systems Stock](https://longbridge.com/en/news/287032625.md)