Key Points SpaceX filed its IPO paperwork earlier this month and plans to trade on the Nasdaq as SPCX. The connectivity segment, anchored by Starlink, generated about 61% of the company's 2025 revenue and is its only profitable segment. The biggest IPOs in history have a track record of underperforming after their debut. These 10 stocks could mint the next wave of millionaires › Elon Musk's rocket...
Key Points SpaceX filed its IPO paperwork earlier this month and plans to trade on the Nasdaq as SPCX. The connectivity segment, anchored by Starlink, generated about 61% of the company's 2025 revenue and is its only profitable segment. The biggest IPOs in history have a track record of underperforming after their debut. These 10 stocks could mint the next wave of millionaires › Elon Musk's rocket and satellite company, SpaceX, filed to go public earlier this month, setting the stage for what could become the largest initial public offering (IPO) in history. In a prospectus released on May 20, the company said it plans to list its Class A shares on the Nasdaq under the ticker SPCX, with a debut that could arrive as soon as next month. The figures being floated are staggering. SpaceX is reportedly targeting a valuation around $1.75 trillion, and there have been reports that the number could push above $2 trillion. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » The company could raise roughly $75 billion -- more than double the record set by Saudi Aramco's 2019 listing, and the biggest IPO ever by money raised. A valuation near $2 trillion would also make SpaceX one of the most valuable public companies in the world, though still well behind the most valuable, Nvidia, which now sits above $5 trillion. But a record-setting headline and a great investment aren't the same thing. Before chasing the debut, investors may want to weigh two questions: what the filing actually reveals about the business, and what history says about IPOs this large. One profitable business, two that aren't The prospectus offers the first real look at SpaceX's finances, and the picture is more complicated than the company's reputation might suggest. Revenue reached about $18.7 billion in 2025, up 33% from the year before. Yet...
Image source: The Motley Fool. Tuesday, May 26, 2026 at 8:30 p.m. ET CALL PARTICIPANTS Chief Executive Officer — Haisheng Wu Chief Financial Officer — Zuoli Xu Chief Risk Officer — Yan Zheng Vice President, Investor Relations — Karen Ji TAKEAWAYS Total Net Revenue -- RMB3.91 billion, down from RMB4.09 billion sequentially and RMB4.69 billion year over year, reflecting lower loan volumes and softer...
Image source: The Motley Fool. Tuesday, May 26, 2026 at 8:30 p.m. ET CALL PARTICIPANTS Chief Executive Officer — Haisheng Wu Chief Financial Officer — Zuoli Xu Chief Risk Officer — Yan Zheng Vice President, Investor Relations — Karen Ji TAKEAWAYS Total Net Revenue -- RMB3.91 billion, down from RMB4.09 billion sequentially and RMB4.69 billion year over year, reflecting lower loan volumes and softer consumer credit demand. -- RMB3.91 billion, down from RMB4.09 billion sequentially and RMB4.69 billion year over year, reflecting lower loan volumes and softer consumer credit demand. Loan Facilitation and Origination Volume -- RMB65 billion, a 7.5% sequential decline, indicating management's conscious decision to optimize risk and user mix over expansion. -- RMB65 billion, a 7.5% sequential decline, indicating management's conscious decision to optimize risk and user mix over expansion. Non-GAAP Net Income -- RMB950 million, a decrease of 11.6% sequentially, with fully diluted non-GAAP EPADS at RMB7.7, down 6.4% sequentially. -- RMB950 million, a decrease of 11.6% sequentially, with fully diluted non-GAAP EPADS at RMB7.7, down 6.4% sequentially. Credit-Driven Service Revenue (Capital-Heavy) -- RMB2.96 billion, with the year-over-year decline attributed to reductions in off balance sheet activity outpacing on balance sheet gains; sequential decline due to lower loan volumes and pricing. -- RMB2.96 billion, with the year-over-year decline attributed to reductions in off balance sheet activity outpacing on balance sheet gains; sequential decline due to lower loan volumes and pricing. Platform Services Revenue (Capital-Light) -- RMB951.9 million, higher sequentially due to improved ICE take rates, but down from RMB1.58 billion year over year due to regulatory-driven lower ICE contribution. -- RMB951.9 million, higher sequentially due to improved ICE take rates, but down from RMB1.58 billion year over year due to regulatory-driven lower ICE contribution. Average IRR of Origina...
Employees work on the production line of automotive display chips at a workshop on May 22, 2026 in Huzhou, Zhejiang Province of China. Vcg | Visual China Group | Getty Images BEIJING — China's industrial profits in April surged by 24.7% from a year earlier, according to official data released Wednesday, marking the fastest growth since November 2023. The increase accelerated from a 15.8% rise in M...
Employees work on the production line of automotive display chips at a workshop on May 22, 2026 in Huzhou, Zhejiang Province of China. Vcg | Visual China Group | Getty Images BEIJING — China's industrial profits in April surged by 24.7% from a year earlier, according to official data released Wednesday, marking the fastest growth since November 2023. The increase accelerated from a 15.8% rise in March , according to China's biggest financial data provider Wind Information. For the first four months of the year, enterprise profits rose 18.2% , up from 15.5% growth in the first quarter. China reported slower economic growth in April , with a 4.1% increase in industrial output and a 0.2% rise in retail sales from a year ago. Fixed asset investment fell for the first four months of the year as the real estate drag steepened. Exports remained strong , climbing 14.1% in April from a year ago in U.S. dollar terms. Imports surged by 25.3% , data released earlier in May showed. The producer price index in April jumped 2.8% from a year ago, the most since July 2022 . Read more China news Huawei plans new smartphone chips this fall as rivalry with Nvidia and Apple heats up Three signs from APEC that the U.S. and China remain far apart on trade Tariffs eased. Trust didn't. China calls for APEC cooperation as commerce minister skips opening over 'urgent official business' Three key takeaways from Putin's Beijing trip — and what they reveal about China-Russia ties China confirms order for 200 Boeing planes, calls aviation key area for U.S. cooperation Job training for robots: How China is getting machines ready to join the workforce Airlines are struggling but China's 'Big Three' face a tougher year than most U.S. indicts four Chinese container manufacturers alleging pandemic-era price-fixing cartel Alibaba reveals more powerful Zhenwu AI chip, new LLM Three major shifts from the Trump-Xi meeting Trump puts Taiwan arms sales, Hong Kong jailed activist Lai on agenda ahead of meeti...
At 2am, Kim, a 25-year-old office worker, opens a site designed to look like a food delivery app, though he has no plan to order. He chooses menu items, drops them into a cart and simulates the experience of placing an order. “It somehow feels like I actually ordered something,” he said. Kim said the habit helps him resist late-night cravings. Advertisement “There are many times when I crave food ...
At 2am, Kim, a 25-year-old office worker, opens a site designed to look like a food delivery app, though he has no plan to order. He chooses menu items, drops them into a cart and simulates the experience of placing an order. “It somehow feels like I actually ordered something,” he said. Kim said the habit helps him resist late-night cravings. Advertisement “There are many times when I crave food late at night but hold back to save money. It feels like a real delivery app, so I somehow keep looking at it,” Kim said, referring to a site whose name is a spoof of a food delivery app. “I don’t end up ordering anything, but it feels like it relieves a little stress,” Kim said. Advertisement