Elon Musk (Elon Musk) under Space Exploration Technologies (Space Exploration Technologies) has the highest valuation of the United States of America’s private technology companies, but the company seems to have no intention of going public for the time being.
According to The Information, Musk’s SpaceX told some investors that it expects the company to realize revenue of about $8 billion (currently about RMB 57.2 billion) in 2023, which is roughly double the previous year’s revenue.
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Simply put, the expectation of rapid growth helps explain some investors’ enthusiasm for SpaceX stocks, which have recently bucked the trend and even outperformed most publicly traded companies.
The company also assured investors that it expects to make an operating profit of about $3 billion (currently about Rs. 21.45 billion) this year, at least by a measure that excludes costs associated with building rockets and satellites.
