Elon Musk can’t hear you over the sound of his $1.75 trillion IPO
Elon Musk's SpaceX has filed for a groundbreaking $1.75 trillion IPO, which could become the largest in American history. The filing outlines an ambitious vision, including a $28 trillion total addressable market and a pay package linked to establishing a colony on Mars. The TechCrunch Equity podcast discusses the implications of this filing and the broader context of the tech industry.
- ▪The SpaceX S-1 filing includes 36 pages of risk factors.
- ▪It targets a total addressable market of $28 trillion.
- ▪The IPO could potentially be the largest in American history.
Opening excerpt (first ~120 words) tap to expand
Elon Musk can’t hear you over the sound of his $1.75 trillion IPO Theresa Loconsolo , Kirsten Korosec , Sean O'Kane , Anthony Ha May 22, 2026 Listen on Apple Podcasts Listen on Spotify The SpaceX S-1 is finally here, and the story it tells goes way further than rockets. The filing runs to 36 pages of risk factors alone, and the numbers inside match the ambition: a $28 trillion total addressable market, a pay package tied to establishing a Mars colony, and a valuation target that would make it the largest IPO in American history. On this episode of TechCrunch’s Equity podcast, Kirsten Korosec, Anthony Ha, and Sean O’Kane dig into what the filing actually says, what it leaves out, and whether any of this math connects to reality.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at TechCrunch.
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