# SpaceXRoadshowHighlightsAsteroidMining


🚀 BREAKING: SPACEX JUST TOLD THE WORLD — WE'RE GOING ASTEROID MINING

For the first time ever, SpaceX officially added "asteroid mining" to its investor pitch. In a 17-minute IPO roadshow video released June 4, CFO Bret Johnsen (the only person featured) connected rockets, Starlink, AI — and then dropped the bombshell: asteroid mining is now a future business line.

Here's what they're betting on:

🔹 Financial targets (no timeline given yet):

Gross margin: 49% → ~70%

Net margin: -26% → ~45%

🔹 The bigger vision:

Orbital data centers

Point-to-point space transport

Lunar manufacturing, Mars cargo, off‑Earth energy production

🔹 IPO at a glance:

$135/share, 555.6M shares

Raising up to $75B (largest IPO in history)

Target valuation: $1.78 trillion

Pricing: June 11 | Trading: June 12 on Nasdaq under $SPCX

⚠️ Reality check:

Q1 2026: $4.7B revenue, **$4.3B net loss**

Cumulative losses since founding: ~$37B

Asteroid mining? Still unproven — 2030s story, not 2026

PRO TIP: Up to 30% of the offering is reserved for retail investors. You're not just buying a rocket company — you're buying a front‑row seat to the infrastructure of the space economy.
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