SpaceX files to go public, and the math requires a little faith
SpaceX has filed for an initial public offering (IPO) with ambitious projections. The filing includes a $28 trillion total addressable market and a pay package linked to Mars colonization. This IPO could potentially become the largest in American history.
- ▪SpaceX's S-1 filing runs to 36 pages of risk factors.
- ▪The company targets a valuation that would make it the largest IPO in American history.
- ▪The total addressable market cited in the filing is $28 trillion.
Opening excerpt (first ~120 words) tap to expand
Loading the player… var playerInstance_31255501 = jwplayer( "jwppp-video-31255501" ); playerInstance_31255501.setup({ playlist: "https://cdn.jwplayer.com/v2/media/P0gexQwl", }) 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. Watch as Equity podcast hosts 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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