SpaceX IPO: Why Amazon’s Globalstar Deal Raises the Stakes for a $1.75 Trillion Debut
Amazon’s $11.57 billion acquisition of Globalstar intensifies scrutiny of SpaceX’s planned IPO, as the company seeks a valuation up to $1.75 trillion. SpaceX aims to start its IPO roadshow the week of June 8, with CFO Bret Johnsen telling bankers that retail investors could get up to 30% of shares. Starlink now accounts for over half of SpaceX revenue and serves more than 9 million users. SpaceX reportedly posted a $5 billion loss on $18.5 billion in 2025 revenue.