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flag SpaceX earned $8B profit in 2025, driven by Starlink, and may go public in June 2026 with a record $50B+ IPO.

flag SpaceX reported an estimated $8 billion profit on $15 billion to $16 billion in revenue in 2025, driven primarily by its Starlink satellite internet service, which has over 9 million users and 9,500 satellites. flag The company acquired $19 billion in wireless spectrum rights to expand into direct-to-device connectivity and is advancing its Starship rocket, which has completed 11 test launches. flag Plans for a potential IPO in 2026, possibly around June 28, could raise over $50 billion at a valuation exceeding $1.5 trillion, making it the largest in history. flag SpaceX is also reportedly in talks with Elon Musk’s AI firm xAI about a possible merger.

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