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Jun 14 at 03:20 AM
$SpaceX(SPCX.US)
SPCX closed at $161 on its first day, jumping 19% above the $135 IPO price.
Total revenue reached $18.7 billion in 2025, up 33% from $14.1 billion in 2024. Starlink generated $11.4 billion (61% of group revenue) and posted an operating profit of about $4.4 billion — making it the only segment printing consistent GAAP profit and the financial backbone of the IPO story.
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