What SpaceX Downplays in Its $1.77 Trillion IPO Filing

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$148.59

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Resistance 2$158.15

Resistance 1$151.32

Price$148.50

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Trend:Sideways

RSI (14):50.7

BeInCrypto Editorial

(03:46 PM UTC)

1 min read

SpaceX is set to price the largest IPO in history next week, at a valuation near $1.77 trillion. Its own filings show a company that was profitable until the xAI merger turned it into a loss-making company.

The roadshow leans on artificial intelligence. The financial statements tell a more complicated story about what investors are actually buying.

The Valuation Rests on a Market that Barely…

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