SpaceX's $1.77 Trillion IPO Filing Hides Profitability Concerns

SpaceX is preparing for what could be the largest IPO in history, valued at around $1.77 trillion. However, its financial filings reveal a shift from profitability to significant losses following an xAI merger. The valuation relies heavily on an AI-driven total addressable market of $28.5 trillion, but questions remain about how SpaceX will capture this market.

By Lockridge Okoth Sat, June 6, 2026 at 6:46 PM GMT+3 3 min read · Yahoo Finance · June 6, 2026, 15:46 UTC

Tickers: $MORN

Topics: AI market potential IPO SpaceX valuation xAI merger impact

Read the full article at Yahoo Finance

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