How profitable is SpaceX?

Daily Profit Investing Research
by 

There’s a lot of hype about the upcoming SpaceX IPO. And there are many reasons to be excited.

A trillion-dollar valuation. Raising $50 billion in new capital. And Elon Musk’s new Space Master Plan.

Go here to claim a stake before it starts trading.

Today I want to look beyond the Initial Public Offering excitement.

Let’s dig into the numbers and take a look at SpaceX revenues.

  • 2024: $13B
  • 2205: $16B
  • 2026: $23 – $24B projected

Estimates suggest that the company is operating with a 50% net profit margin – and profits hit $8 billion last year.

Starlink is the company’s cash cow. It currently has 9 million subscribers. That number is expected to double next year. And it’s responsible for 80% of the company’s total revenues.

Frankly, no company is better positioned to dominate this new space age.

That’s why the company could go public with a massive $1.5T market value.

That staggering price tag would value the company at over 60x revenues and 125x earnings. That assumes that profit margins remain around 50% next year.

I’m not waiting for the IPO. Instead, I’m scooping up shares before it starts trading. And you can too.

Here’s the link to get started.

Ian

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