At last, we can peer inside SpaceX's ambitious machine, as the company files for an IPO that could make it worth $1.75 trillion and raise a staggering $75 billion.
Driven by Starlink’s internet profits, SpaceX is on track to become the largest ever IPO. Yet, with losses of over $4.9 billion, and capital expenditures soaring to $20.7 billion, the company's financial health remains questionable.
Musk's supervoting shares will secure his control, but questions linger: can SpaceX truly make life multiplanetary or just fill its coffers? The S-1 filing reveals ambitious plans for orbital AI compute and a push into space-based data centers.
The true test of this IPO lies not in the filings, but in whether SpaceX can turn its cosmic dreams into solid returns. As they say, if you want to go fast, go alone; if you want to go far, go together. But first, you need a rocket.
