Some investors question SpaceX's projected $1.77T valuation, citing its $4.3B loss on $4.7B in revenue in Q1, concerns over space data centers, and more
New York Times
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Discussion
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@karlbode.com
Karl Bode
on bluesky
questions were raised, some investors say
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@rmac
Ryan Mac
on bluesky
Inside the skeptics' views of the Spacex IPO www.nytimes.com/2026/06/11/t...
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@jessefelder.com
Jesse Felder
on bluesky
'In a pitch to private investors, Elon Musk once predicted that Twitter would quintuple its revenue to more than $26B. Instead, the social media platform's ad revenue plunged 65% last year. And it was ultimately folded into SpaceX this year.' www.nytimes.com/2026/06/11/t...