Overview
- SpaceX is preparing a stock market debut that reports say could value the company at $1.5 trillion to $2 trillion and raise as much as $75 billion, with a listing possible as soon as June.
- A recent filing showed Alphabet owned 6.11% of SpaceX at the end of last year, a stake Bloomberg estimates near 5% now that could be worth about $100 billion at a $2 trillion price.
- Amazon plans to buy Globalstar to gain scarce, globally authorized spectrum and a direct-to-device network that already powers Apple’s iPhone emergency SOS feature.
- Starlink remains SpaceX’s commercial core with about 70% of 2025 revenue, roughly $15 billion to $16 billion in sales and about $8 billion in operating profit, supported by more than 10,000 satellites and over 10 million users.
- Amazon’s Kuiper is far behind with 243 of 3,236 planned satellites launched and reliance on SpaceX rockets, though some, including Scott Galloway, argue Prime’s reach could help build a viable number two.