LEO News

CNBCLora Kolodny

SpaceX’s record-setting IPO priced at $135; Starlink remains core profit engine as investors weigh $1.77T valuation, AI/telecom

SpaceX has completed a record-breaking IPO, selling ~555.6 million shares at $135—raising about $75 billion and valuing the company at roughly $1.77T. Coverage ahead of the listing frames Starlink as the only clearly profitable business, while highlighting investor concerns: declining average revenue per user as growth shifts to more competitive suburban and city markets.

2026-06-11T14:27:13.406147-07:00

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2026-06-05T07:13:35.561232-07:00

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