SpaceX files to go public, and the math requires a little faith
The SpaceX S-1 is finally here, and the story it tells goes far beyond rockets. The dossier alone runs to 36 pages of risk factors, and the numbers therein match the ambition: a total addressable market of $28 trillion, 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 delve into what the filing actually says, what it leaves out, and whether this math has any bearing on reality. The team also covers NanoCo turning down a $20 million buyout to raise $12 million seed capital for its secure Nano Claw alternative, Anthropic’s $300 million acquisition of SDK startup Stainless, and the Google I/O announcement that promises to change search as we know it.
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