Business

SpaceX IPO and Financial Challenges

Updated 2026-06-10 13:25 UTC 1 source Neutral

SpaceX is set to launch a historic initial public offering. However, CEO Elon Musk admitted he cannot predict when the company will become profitable, despite Starlink generating over $11 billion in revenue.

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MarketWatch
Elon Musk admits he “cannot predict” when his massive venture will make money, even as Starlink revenue tops $11 billion.
2026-06-10 13:14 UTC
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