SpaceX IPO and Launches
SpaceX has begun trading publicly, seeking to raise billions in its initial public offering. The company has reported significant revenue growth in its first earnings release. SpaceX continues its ongoing deployment of Starlink satellites with multiple launches.
COVERAGE BY DAY
TIMELINE
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26 AUG
WED
SpaceX launches Starlink satellites from Florida
SpaceX launched a new batch of Starlink satellites from Cape Canaveral, Florida. The company also announced plans for a new rocket launch complex in Louisiana, an investment aimed at expanding its Starship and satellite launch capacity.
C2
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20 AUG
THU
SpaceX launches Starlink satellites
SpaceX is scheduled to launch a new batch of Starlink satellites from Cape Canaveral, Florida. The company is also scheduled to launch another group of satellites from Vandenberg Space Force Base in California.
C2
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11 AUG
TUE
SpaceX launches Starlink satellites
SpaceX launched a new group of Starlink satellites from Cape Canaveral, Florida. The company has regularly deployed satellites for its Starlink internet constellation.
C3
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06 AUG
THU
SpaceX first earnings report
SpaceX has released its first earnings report, showing $7.8 billion in Q2 revenue, exceeding expectations. The company cited strong performance from its Starlink and AI divisions. However, capital expenditures, including for AI data center expansion, significantly outpaced revenue.
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17 JUN
WED
SpaceX valuation surpasses Amazon
SpaceX's market capitalization has surged to approximately $2.7 trillion, surpassing Amazon's valuation and making it the fifth largest company globally. This valuation is attributed to strong investor enthusiasm and the company's ambitions in artificial intelligence.
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15 JUN
MON
SpaceX IPO seen as marker for market conditions
Veteran short seller James Chanos and analyst Dan Ives say the upcoming SpaceX IPO is a concerning indicator for broader markets. Chanos views it as a sign that this year will break records for IPOs and secondaries, while Ives describes it as a white knuckle moment that could impact tech stocks.
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13 JUN
SAT
SpaceX IPO valuation
SpaceX has completed its initial public offering, raising $75 billion by pricing 555.6 million shares at $135 each. The IPO's valuation approaches $1.8 trillion, making Elon Musk the world's first trillionaire. This event is being watched as a potential signal for more AI-related IPOs.
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05 JUN
FRI
SpaceX plans $75 billion IPO
SpaceX is planning an initial public offering that could raise $75 billion at $135 per share. The company plans to sell 555.6 million shares, potentially valuing it at $1.77 trillion. The terms for the IPO are reportedly being set as early as Wednesday.
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26 MAY
TUE
Tesla and SpaceX merger consideration
Tesla and SpaceX are reportedly considering a merger, according to CNBC. Elon Musk has reportedly engaged in thought experiments regarding the opportunity. The companies already share talent and key personnel.
