I'm John Batchler. I welcome my colleague of many decades. Bob Zimmerman, he's here to tell us that

SpaceX is going to make itself available for you to purchase at home, just like you're a regular

space cadet. Bob, how can you do it? Good evening to you. Well, well, so after many months of

speculation by many people and what appears to be months of behind the scenes planning.

SpaceX this week finally filed its initial public offering documents with the Securities

and Exchange Commission.

And this is not specifics on when the initial public offering, the IPO, will take place

or what the price is expected to be.

This was essentially the company's financial standing, which has to be posted publicly

in advance of an IPO so that potential stock purchases will have an idea of what they're

buying and can make an intelligent decision.

And so these filings were very interesting because they outlined SpaceX's financials

in a public way that has not been public.

But if you read websites like Behind the Block, I'll listen to John Batchel when I'm on,

you've pretty much gotten the sense almost exactly of what they've now announced.

What they basically said

is that Starlink is the financial moneymaker for SpaceX. They now have more than 10 million

subscribers. They basically bring in a billion dollars of revenue a month from Starlink.

And that profit is paying for the development of Starship Super Heavy, which is a losing

proposition right now, as well as the new AI component of SpaceX, because Elon Musk merged

his XAI company with SpaceX.

So now that is being, that's losing money, but it's generating some revenue.

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