$15 Billion space bet: SpaceX’s ‘Starship’ spend dwarfs Falcon as IPO horizon nears – Report
SpaceX has spent over $15 billion developing its next-generation Starship rocket system, far exceeding the $400 million spent on its Falcon 9 rocket. The company is nearing an IPO at a $1.75 trillion valuation, with Starship being a key component of its future plans.
SpaceX has invested over $15 billion in developing its Starship rocket system, a significant increase from the $400 million spent on Falcon 9. The company is preparing for an IPO at a $1.75 trillion valuation. Starship is crucial for SpaceX's future plans, including launching its V3 Starlink satellites. The rocket's development costs highlight a fundamental shift in SpaceX's operations, with a focus on full and rapid reusability. However, analysts have raised concerns about logistical hurdles, including water and fuel requirements for launches. SpaceX has acknowledged the challenges, including in-orbit refueling, but is moving forward with its plans.
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