SpaceX is heavily reliant on Starlink for growth and profit as it marches toward Nasdaq listing
--------------------------------------------------------------------
Source: CNBC
Published: 2026-05-22 00:02 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Technology & AI, Financial Markets, Business & Economy, Technology
--------------------------------------------------------------------
Snippet:
Elon Musk's SpaceX is best known for its reusable rockets, and has been capturing headlines this year for its high-priced move into artificial intelligence through its merger with xAI. But as the company pitches investors ahead of its mammoth IPO, there's another part of its business that dwarfs the rest in terms of growth and profits: Starlink.
--------------------------------------------------------------------