1 of 1
Story summary
- SPCX raised $85.7 billion in its IPO and $25 billion in bonds, giving it over $100 billion cash.
- SPCX stock fell 16% on Monday, trading near $150 per share after the bond sale.
- SPCX reported $18.7 billion revenue in 2025, up 33%, but posted a Q1 2026 operating loss of $1.94 billion.
- SPCX signed a $29.4 billion contract with Alphabet and a $6.3 billion deal with Reflection AI for computing capacity.
