May 23, 2026

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

turned off MacBook Pro beside white ceramic mug filled with coffee
Lauren Mancke / Unsplash

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 pac...