Crosscheck

Cited, verified accountability journalism.

Topic: valuation

Analysis

The $1.5 Trillion Rocket: Inside the SpaceX IPO Valuation

SpaceX isn't "zero profit" — it posts a $4.9B net loss because it merged with xAI (which owns X/Twitter). The space business is profitable; at ~$1.5T it's ~52% of the entire US aerospace & defense…