SpaceX Losses and Control!!! IPO?
Gark! I won't be investing in the SpaceX IPO.
According to AWST, SpaceX last year had "a $5 billion net loss in 2025 on $18.7 billion in sales."
Elon is the majority shareholder and "controls about 85% of the company ahead of the listing, with 12.3% of Class A shares and 93.6% of Class B shares that are particularly important because it gives him full control over the board which stops him from being ousted."
If you're thinking of investing in the IPO, you might want to dig deeper. That's a bad roller coaster to ride, IMO.