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Google's $920 Million‑a‑Month Deal Could Supercharge the SpaceX IPO
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Google's $920 Million‑a‑Month Deal Could Supercharge the SpaceX IPO

General The Motley Fool ✦ xCruzoAi 🇺🇸🇪🇸
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— Ai Summary —

SpaceX is poised for the largest initial public offering in stock-market history, aiming for a valuation around $1.8 trillion. On June 5, 2026, SpaceX announced a three-year cloud services deal with Google LLC that will pay roughly $920 million per month. The agreement, plus a separate $1.25 billion-per-month cloud pact with Anthropic, could lift SpaceX’s revenue trajectory as Starlink drives connectivity growth in a business that reported $18.7 billion in 2025 and where Starlink contributed $11.4 billion. While the deals reshape the growth narrative for xAI and other segments, Morningstar estimates a far lower fair value, around $780 billion, highlighting uncertainty about SpaceX’s ultimate market cap and moat.

AI-generated summary • Source: The Motley Fool • Read the full article for complete information.
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