The SpaceX IPO Is Coming. These Are the 3 Most Important Numbers From Its S-1 Filing
Yahoo Finance • • business
Key Points:
- SpaceX is set to go public on June 12, with a projected valuation around $1.5 trillion, potentially rivaling Elon Musk's Tesla, which is worth $1.6 trillion.
- The company's total addressable market is estimated at $28.5 trillion, dominated by artificial intelligence ($26.5 trillion), followed by connectivity ($1.6 trillion) and space ($370 billion).
- Research and development expenses surged 150% last year to $8.6 billion, largely driven by increased AI investment, making it SpaceX's second-largest expense after cost of revenue.
- SpaceX reported a significant accumulated deficit of $41.3 billion as of March 2026, with a net loss of $4.3 billion in Q1 2026 on revenues of $4.7 billion, indicating ongoing financial risks and a long path to profitability.
- Given the high valuation and current financial losses, experts caution that investing in SpaceX stock at IPO may be risky and advise investors to carefully consider timing before buying.