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Elon musk's spacex is pursuing an initial public offering next year, looking to raise more than $25 billion, with a valuation over $1 trillion, a source familiar with the matter told reuters on. Bloomberg reported in 2023 that spacex was projected to book revenues of $9 billion for that year and $15 billion in 2024. Spacex is expected to make around $15b in revenue in 2025, increasing to between $22b and $24b in 2026, with the majority coming from starlink forums
Spacex projects $15.5 billion in commercial revenue for 2025—up 31 % from $11.8 billion in 2024 Elon musk’s spacex will record revenue of about $15.5 billion this year, the billionaire said on tuesday, underscoring the rocket maker’s growing dominance in the commercial space sector. That makes spacex bigger than tesla’s automotive business in annual revenue
However, a public feud risks putting $22 billion in government contracts on the line.
Spacex will generate more than $15 billion in revenue this year, and could surpass the entire nasa budget in 2026 In a post on x, spacex ceo elon musk announced the potential milestone.
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