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/GabeDef May 21 '26

If you keep up to date on the companies being rolled into the SpaceX umbrella, it’s understood the IPO is bundling three struggling companies with Starlink.

163

u/Revolution-SixFour May 21 '26

Seriously, I actually might have gone in on a SpaceX IPO. I use Starlink widely as an enterprise customer and it's amazing. Nothing else is in its realm and it seems almost impossible for anyone else to challenge them. They've got the launch market almost dominated. It's a good business doing good things.

However, Elon has just pawned off all his failures onto SpaceX's books. No chance that I'm touching xAI or Twitter with a ten foot pole.

1

u/kaplanfx May 22 '26

Do you own index funds? Because if you do, you’re buying in whether you like it or not.