What Happened
Elon Musk Predicts Historic Growth for Space Exploration Technologies
Space Exploration Technologies, led by Elon Musk, has announced plans to become the most valuable business in the world. Despite losing over $1 trillion in market value since its IPO, Musk remains confident in the company’s potential. SpaceX’s Starlink segment has shown promise, generating $11.4 billion in revenue in 2025. However, the company’s overall financial profile is still a concern, with significant losses in 2025 and the first half of 2026. This article was first reported by The Motley Fool.