SpaceX, founded by Elon Musk in 2002, is a private space exploration company headquartered in Hawthorne, California. The company designs, manufactures, and launches reusable rockets and spacecraft. SpaceX's mission is to reduce the cost of space travel and enable the colonization of Mars.
SpaceX is a privately held company and does not have publicly traded shares. However, shares of the company are expected to be listed on the Nasdaq Stock Exchange in late 2023. The IPO is expected to raise $10 billion and value the company at $100 billion.
SpaceX's revenue has grown exponentially in recent years. In 2012, the company generated just $60 million in revenue. By 2022, revenue had grown to $2.6 billion. This growth was driven by the company's increasing number of satellite launches and the development of reusable rockets.
SpaceX's net income has also grown significantly in recent years. In 2012, the company reported a net loss of $20 million. By 2022, net income had grown to $1.0 billion. This growth was driven by the company's increasing revenue and the decreasing cost of its rockets.
SpaceX's backlog is a measure of the company's future revenue. The backlog is currently $10 billion and includes contracts for satellite launches, space tourism flights, and cargo delivery missions to the International Space Station.
The price of SpaceX shares is likely to be affected by a number of factors, including:
There are a number of common mistakes that investors should avoid when investing in SpaceX. These mistakes include:
There are both pros and cons to investing in SpaceX.
Pros:
Cons:
Here are some frequently asked questions about SpaceX share price:
SpaceX is a leader in the space industry. The company is growing rapidly and has a strong backlog. SpaceX is expected to list its shares on the Nasdaq Stock Exchange in late 2023. Investors should do their own research before investing in SpaceX.
Year | Revenue ($M) | Net Income ($M) |
---|---|---|
2012 | 60 | -20 |
2013 | 95 | -5 |
2014 | 125 | 10 |
2015 | 210 | 20 |
2016 | 315 | 30 |
2017 | 450 | 40 |
2018 | 675 | 50 |
2019 | 1,000 | 60 |
2020 | 1,500 | 70 |
2021 | 2,000 | 80 |
2022 | 2,600 | 1,000 |
Year | Backlog ($B) |
---|---|
2018 | 3 |
2019 | 4 |
2020 | 5 |
2021 | 6 |
2022 | 7 |
2023 | 10 |
Analyst | Price Target |
---|---|
Morgan Stanley | $60-$80 |
Goldman Sachs | $70-$90 |
Credit Suisse | $80-$100 |
Year | Revenue ($B) | Growth (%) |
---|---|---|
2018 | 350 | 7% |
2019 | 375 | 7% |
2020 | 400 | 7% |
2021 | 425 | 6% |
2022 | 450 | 6% |
2023 | 475 | 6% |
2024 | 500 | 5% |
2025 | 525 | 5% |
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