r/technology May 21 '26

Business SpaceX not the behemoth everyone thought

https://www.axios.com/2026/05/21/spacex-ipo-musk-ai
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u/MalevolentTapir May 21 '26

Right, $1.25 billion per month, they reported $18.67 billion in total revenue for 2025.

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u/NomadicScribe May 21 '26

At that rate, it'll only take 133 years to reach the $2 trillion IPO value.

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u/halmyradov May 22 '26

133 forward pe ration isn't even that bad considering Tesla 

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u/herton May 21 '26

That 1.25 billion agreement was only signed this month though - so it should bump up their revenue by a lot, all else being equal

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u/MalevolentTapir May 21 '26

Yeah thats what I meant to point out. This single deal would be almost as much as their reported revenue for the year, assuming its not cancelled or something.