SpaceX releases a 17-minute IPO roadshow video, mentioning several future goals.

PANews reported on June 4th that SpaceX released a 17-minute IPO roadshow video to retail investors earlier Thursday. The video, posted on the company's website, prominently encourages visitors to open brokerage accounts. The only person appearing in the video is CFO Brett Johnson, who connects the company's rocket, satellite, and artificial intelligence businesses. Johnson stated, "Elon founded SpaceX with the goal of changing the fate of humanity, making us a multiplanetary species. Excitingly, we have been able to extend this vision through Starlink and artificial intelligence solutions." The roadshow materials listed several future goals without setting specific achievement dates, including increasing gross margin from 49% last year to approximately 70% and achieving a net profit margin of approximately 45%, compared to -26% last year. Johnson also discussed SpaceX's massive capital expenditures. He stated that SpaceX is not alone in making large investments in capital expenditures, especially in its current AI business. This has accounted for the largest share of capital expenditures over the past two years. Johnson also highlighted asteroid mining, an unproven business model that SpaceX had not shown much interest in prior to the IPO.

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