Can income investors get in on the coming SpaceX IPO before the stock goes public (and ideally without overpaying?) Let’s find out.
No announcement of an IPO has been made, but SpaceX’s recent acquisition of Starlink and Musk’s xAI firm signal that an offering is in the pipeline.
Even though the company still feels relatively new, SpaceX successfully launched its first rocket 18 years ago. Since then, it has reportedly earned roughly $20 billion in government contracts, with Morningstar recently reporting that it posted about $8 billion of profits on $15 billion of revenue in 2025.
If those numbers stand up—and there’s no way for us to confirm them—that’s a profit margin above 50%.… Read more
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