Source: CNBC
Summary
SpaceX’s S-1 filing has been released, revealing a $28 trillion total addressable market and plans for a Mars colony. The company’s valuation target could make it the largest IPO in American history. The filing also includes a pay package tied to establishing a human settlement on Mars. The document runs 36 pages and outlines various risk factors.
Our Reading
The announcement sounds ambitious.
SpaceX aims for a $28 trillion market and a Mars colony. The IPO could be the largest in American history. The company’s valuation target is lofty. The pay package is tied to a Martian settlement. Because what’s an IPO without a Mars colony, right?
Author: Evan Null
