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The Dip Is Here for SpaceX. Here's Whether to Buy It or Walk Away.
Yahoo Finance· 2026-06-24 18:15
Space Exploration Technologies (NASDAQ: SPCX) just executed one of the biggest and most successful IPOs in history. After going public at a $1.77 trillion valuation, the company's market cap immediately soared above $2.5 trillion. Not bad for a business that generated a $4.9 billion loss in 2025, and another $4.3 billion loss in the first quarter of this year. Here's the question: Do you think orbital data centers will ever exist? Yes, SpaceX is generating modest profits in its rocket division. Yes, its Sta ...