SpaceX Plans Nasdaq Texas Listing in Draft IPO Prospectus, Puts Addressable Market at $28.5 Trillion
Reports by the Wall Street Journal, Axios and the Houston Chronicle describe a 300-page draft SpaceX IPO prospectus submitted to the SEC that lays out a listing on Nasdaq and Nasdaq Texas and puts the company’s total addressable market at $28.5 trillion, including $26.5 trillion from AI. The filing sketches ambitions including building a moon base, harnessing solar power for AI and inhabiting other worlds.
The prospectus adds detail to a closely watched offering that earlier reporting said centers SpaceX’s growth story on Starship while identifying delays or failures of the rocket as the company’s top risk. A Nasdaq Texas listing would also give the exchange, launched in March, a high-profile listing and reinforce SpaceX’s ties to Texas, where it is incorporated and headquartered.
From the sources (14 posts)
@theinformationSpaceX’s draft IPO filing puts Starship at the center of its growth story—and names delays or failures of the rocket as its top risk. Read more:
@elonmuskRT @ResisttheMS: CNBC: "When you look at the SpaceX prospectus, what do you see in it that sounds fantastical… but you might think is real…
@rtodiSpace ETFs have attracted $1.3 billion in new money over the past month, bringing total assets under management to about $3.3 billion. SpaceX IPO finally propelling the space industry.
@yahoofinance'There's mania': Strategists weigh in on looming SpaceX IPO
@wsjTo launch the biggest offering ever, the space baron is drawing on his real power: everyday investors.
@charliebilelloSpaceX's valuation hit a record high of $1.50 trillion this month. 3 years ago it was $137 billion, 5 years ago it was $74 billion & 10 years ago it was $10 billion. If SpaceX goes public at a $1.75 trillion valuation it would be the 7
@charliebilelloPrice to Sales Ratio (TTM Sales) *SpaceX: 91 Palantir: 67 Broadcom: 30 NVIDIA: 21 AMD: 21 Tesla: 15 Micron: 15 Google: 11 Intel: 11 Apple: 10 Microsoft: 10 Oracle: 9 Netflix: 8 Cisco: 8 Meta: 7 Amazon: 4 S&P 500: 3.5 *Assuming a $1.75
@yahoofinanceSpaceX's IPO charts reveal a company spending like an AI giant: Chart of the Day
@marionawfal🇺🇸 SpaceX handed the SEC a 300-page IPO prospectus that reads like a sci-fi novel. The mission: "extend the light of consciousness to the stars." The product roadmap includes building a moon base, harnessing the sun to power AI, and inha
@marionawfal🇺🇸 SpaceX says its total addressable market, meaning the maximum revenue it could theoretically capture, is $28.5 trillion. That's roughly the size of the entire U.S. economy. The bulk of it, $26.5 trillion, comes from AI. The Mars colon
@marionawfal🇺🇸 SpaceX is going public on Nasdaq and on Nasdaq Texas, a brand new stock exchange that launched at the Alamo in March. For Texas, it's a major vote of confidence in the state's push to build its own Wall Street. For Elon, it's a delibe
@marionawfalRT @MarioNawfal: 🇺🇸 SpaceX says its total addressable market, meaning the maximum revenue it could theoretically capture, is $28.5 trillion…
@marionawfalRT @MarioNawfal: 🇺🇸 SpaceX handed the SEC a 300-page IPO prospectus that reads like a sci-fi novel. The mission: "extend the light of cons…
@marionawfalRT @MarioNawfal: 🇺🇸 SpaceX is going public on Nasdaq and on Nasdaq Texas, a brand new stock exchange that launched at the Alamo in March.…