SpaceX Approaching $2 Trillion Valuation with Upcoming IPO; Starlink ARPU Declines
SpaceX, led by Elon Musk and set to launch its IPO on June 12, could raise up to $75 billion, potentially valuing the company at $1.75 trillion to $2 trillion — making it the largest IPO in history. A key metric for investors is Starlink's declining average revenue per user (ARPU), which dropped from $99 in 2023 to $66 in Q1 2026, raising concerns about future profitability.
Tickers: $TSLA
Topics: ARPU decline IPO SpaceX valuation Starlink