SpaceX has captured the imagination of millions by becoming the first privately funded company to send a spacecraft to the International Space Station (ISS) and by pursuing ambitious plans to colonize Mars.
Officially registered as Space Exploration Technologies Corp., SpaceX was valued at $1.25 trillion in February following a merger with xAI, Elon Musk’s artificial intelligence start-up. On the heels of this valuation and SpaceX’s official initial public offering (IPO) filing, investors are expected to pile in, and pay up to buy shares.
A Falcon 9 rocket launch. Image source: Getty Images.
And that’s where a gut check comes into play. If you’re considering investing in SpaceX stock when it IPOs, you must be willing to take the good with the bad. As of March 31, 2026, the company had an accumulated deficit of $41.3 billion, including a net loss of $4.27 billion in the first…