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Story summary
- SpaceX plans an initial public offering this summer, targeting a potential valuation of $1.5 trillion.
- The merger with xAI aims to raise $50 billion for SpaceX.
- SpaceX reported a $2.4 billion loss in 2025, raising questions about its finances.
- Analysts say SpaceX must achieve significant earnings growth to reach a $2.4 trillion market cap by 2031.
- Starlink has more than 10 million subscribers.
