SpaceX debuted with $4.1 billion in quarterly revenue
SpaceX debuted at a $2.1 trillion valuation, generating $4.1 billion in quarterly revenue while burning $9.1 billion in free cash flow.
The company’s top executive warned potential shareholders that SpaceX measures its operating horizon in decades, not quarters.
Starlink, SpaceX’s only profitable business, serves millions of customers across 100+ countries and anchors the long-term investment case.
The company’s market debut on NASDAQ valued the aerospace giant at $2.1 trillion, with retail investors and institutions securing shares.