SpaceX releases 17-minute IPO roadshow video, mentioning future goals such as asteroid mining

Odaily reported that SpaceX released a 17-minute IPO roadshow video to retail investors early Thursday. The video was posted on the company's official website, which prominently encourages visitors to open brokerage accounts. The only person appearing in the video is CFO Bret Johnsen, who connects the logic behind the company's rocket, satellite, and AI businesses. Johnsen stated: "Elon founded SpaceX with the goal of changing humanity's destiny and making humans a multi-planetary species. The exciting part is that we have been able to expand this vision through Starlink and AI solutions."

The roadshow materials listed several future goals but did not set specific timelines for achievement, including increasing gross margins from 49% last year to approximately 70%, and achieving a net profit margin of about 45%, compared to -26% last year. Johnsen also discussed SpaceX's massive capital expenditures. He said, "We are not the only ones making large-scale investments in capital expenditure, especially in the AI sector of our current business. Over the past two years, this has accounted for the largest share of our capital spending." Johnsen also highlighted asteroid mining, a business model that has yet to be proven and in which SpaceX had previously shown little interest before the IPO. (Jin Shi)