HOLD UP on that SpaceX IPO Roadshow please! Sobering read on SpaceX's proposed IPO.

BUYER BEWARE! Consider these facts as presented in the PROF G MEDIA Newsletter.

According to SpaceX promoters ...

- The company’s total addressable market (TAM) is the size of the entire U.S. economy — $28 trillion. WHAT!?!?!

- That includes an estimated $22.7 trillion in revenue from enterprise applications >>> fully 30x larger than the ENTIRE EXISTING enterprise software MARKET. WHATx2!?!?!

- Assumes that EVERY SINGLE household in the world will start using Starlink for WiFi. WHATx3 - GOOD LUCK THERE!?!?!?

- SpaceX posted a loss of $4.94B on revenue of $18.7B in 2025, after posting a profit of $791M in 2024. https://www.profgmedia.com/p/spacex-ipo-why-the-2-trillion-valuation #SpaceX #IPO #ProfGMedia #Investing #BuyerBeware #Valuation #Stocks #StockMarket #StarLink #xAI #CaveatEmptor #IPORoadShow #Space