pre-debut revenue News & Analysis

SpaceX (SPAX.PVT) IPO Targets $75 Billion Amid $5 Billion Loss

SpaceX (SPAX.PVT) is seeking to raise $75 billion through an IPO, despite reporting a net loss of nearly $5 billion against $19 billion in revenue for 2025. The company's filing presents significant revenue figures but highlights the lack of profitability that could concern investors. Historical data indicates that IPOs with over $100 million in pre-debut revenue tend to perform better over three years, even if they have smaller opening price jumps. This scenario could affect investor sentiment and market behavior post-IPO as the focus shifts to long-term viability rather than initial excitement.