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SpaceX’s IPO: Profitability or Potential
Description
SpaceX is poised for a $75 billion IPO with rockets, Starlink, and defense contracts fueling its hype — but a $5 billion net loss despite $19 billion in revenue raises the big question: can growth alone win investors long-term? While money-losing IPOs often surge on day one, history shows profitable companies outperform over time. SpaceX’s revenue strength may cushion the blow, but the market’s ultimate verdict? Profitability, not just potential.
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