Inside Elon Musk’s trillion-dollar SpaceX business: Jon Erlichman
BNN Bloomberg
2026 is expected to be a big year for IPOs, and none could be bigger than SpaceX.
The company is reportedly gearing up for an IPO that could make it one of the world’s most valuable public companies. Its recent merger with Elon Musk’s artificial intelligence company, xAI, adds a new dimension.
To understand the opportunity, it helps to start with what SpaceX actually does.
We recently did a full breakdown of the business on Ticker Take.
Everyone knows about the incredible rockets. But in many ways, they were only the starting point of the company. The success of its rockets has essentially enabled SpaceX to sell access to space. That includes transferring cargo into orbit, re-supplying space stations, and transporting astronauts.
Falcon 9 is the company’s workhorse. It is SpaceX’s second-generation rocket and the first that was truly reusable. This turned launches into a repeatable business and transformed space launches from one-off expensive events into a scalable operation. Growth truly accelerated in 2015, when the company began regularly landing boosters and re-using rockets. The launch cadence increased, and that repeatability underpins SpaceX’s operations today.
Relief is ripping through financial markets after U.S. President Donald Trump said the United States has talked with Iran about a possible end to their war, despite Iran’s denials.
Asset management giant BlackRock’s CEO Larry Fink urged clients to stay invested despite ongoing market volatility, and highlighted that artificial intelligence is reshaping investment strategies and the broader economy.
Jurors wade through daunting evidence in high-stakes Meta trial about social media risks to children
A stream of testimony and evidence has been presented in a New Mexico case exploring what Meta knew about the effects of its platforms on children.
Global oil prices will continue to rise as the war in the Middle East continues and the Strait of Hormuz remains inaccessible, according to an energy expert.
Canada’s federally backed farm lender is offering financial aid to farmers, agricultural businesses and food companies hit by the spike in fertilizer and energy prices, it said on Friday.
Jay Allen is a fan of U.S. President Donald Trump, and voted for him on the belief that the Republican would cut taxes and trim regulations, helping his manufacturing business in northeast Arkansas.
Another climb for oil prices sent the U.S. stock market sharply lower, as hopes collapsed for a possible cut to interest rates by the Federal Reserve.
Global oil prices will continue to rise as the war in the Middle East continues and the Strait of Hormuz remains inaccessible, according to an energy expert.
Global oil prices will continue to rise as the war in the Middle East continues and the Strait of Hormuz remains inaccessible, according to an energy expert.
Facing a $1.4 billion deficit shortfall, the provincial government says its large-animal vet service will be privatized over the next three years.
Facing a $1.4 billion deficit shortfall, the provincial government says its large-animal vet service will be privatized over the next three years.
Jurors wade through daunting evidence in high-stakes Meta trial about social media risks to children
A stream of testimony and evidence has been presented in a New Mexico case exploring what Meta knew about the effects of its platforms on children.
Markets in Canada and the U.S. continued to trade lower while oil went up late morning on Friday as inflationary fears prevailed among investors.