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# SpaceXRoadshowHighlightsAsteroidMiningSo SpaceX just casually dropped asteroid mining into their IPO roadshow video. 🚀
Not a sci-fi movie. Not a fever dream. An actual, unproven business model—mentioned by their CFO Bret Johnsen—as part of a $1.78 trillion valuation story.
Let that sink in.
On June 4, SpaceX released a 17-minute roadshow video ahead of their June 11 pricing (ticker: SPCX). And while most companies talk about quarterly earnings or market share, SpaceX is talking about orbital data centers, point-to-point space transport, and yes—digging rocks from asteroids for profit.
But here’s where it gets real:
They also shared hard numbers. 🧾
📈 Gross margin target: from 49% → ~70%
📉 Net margin: from -26% → ~45%
That’s not just a vision. That’s a turnaround story wrapped in a moonshot.
The company is aiming to raise up to $75 billion** at a target valuation of **$1.78 trillion.
Let me repeat that: trillion with a T.
Whether asteroid mining becomes the next gold rush or remains a beautiful dream, one thing’s clear—SpaceX is no longer just a launch provider. They’re positioning themselves as the infrastructure for everything beyond Earth.
And they’re taking public market investors along for the ride.