THE SECRETS REVEALED IN SPACEX'S IPO FILING

Summary from the TLDR newsletter

SpaceX's IPO is expected to set a record for the biggest stock debut ever and could make its founder, Elon Musk, the world's first trillionaire. The company is aiming to go public in June on Nasdaq under the ticker symbol SPCX. The company lost $4.9 billion last year on revenue of $18.7 billion. This year, in the first quarter, SpaceX lost $4.3 billion on $4.7 billion of revenue. The financials show an established business launching satellites and astronauts to space, though it is still unprofitable.