SpaceX, a private space launch and satellite internet company led by Elon Musk, just gave investors a timely win ahead of its planned IPO. The company launched its new Starship rocket from Texas on Friday and brought the vehicle back to Earth largely intact, marking a key step for the rocket that sits at the center of its long-term growth plan.Meet Samuel – Your Personal Investing ProphetStart a conversation with TipRanks’ trusted, data-backed investment intelligence
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In fact, SpaceX is selling investors a much larger story than the launch business, as it is built around Starlink, cheaper access to space, NASA work, and, one day, Musk’s goal of reaching Mars. According to reports, SpaceX has filed for what could become the largest IPO in history, with a $1.75 trillion target valuation.
Starship Is the Core of the IPO Pitch
Starship is central to that pitch. SpaceX told investors in its IPO filing, “Our ability to execute our growth strategy is highly dependent on Starship.” That line sums up the whole story. If Starship works at scale, SpaceX could launch more Starlink satellites, lower launch costs, and build a much wider space-based network.
