NASDAQS:SAAB.B 30 November 2025

June 11, 2026, 9:51 AM EDT. SpaceX (SPCX) begins trading with a $2 trillion valuation, combining three distinct businesses. Starlink, its satellite internet arm, leads with $11 billion revenue in 2025, driving 61% of total sales and profitability. However, average revenue per user is declining due to expansion in lower-cost markets. The rocket and AI segments remain loss-making with uncertain futures. SPCX's 5% public float indicates low early liquidity and high volatility. Investors get exposure to Starlink's strong cash flows alongside speculative rocket and AI ventures.