SpaceX files to go public, and the math requires a little faith

May 22, 2026 Theresa Loconsolo

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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 […]

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SpaceX files to go public, and the math requires a little faith

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