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Euronews
Euronews
Doloresz Katanich

SpaceX IPO ready for launch as countdown begins for what could be the biggest ever listing

SpaceX X Elon Musk Starlink Donald Trump Mars XAI Moon

SpaceX founder Elon Musk announced plans on Wednesday for one of the biggest stock sales ever, by taking a space company public that is currently losing billions of dollars a year.

A filing shows that SpaceX lost $2.6 billion (€2.24bn) from operations last year on $18.7 billion in revenue, and the losses continued at the start of this year.

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