ELON Musk’s space launch missions rank No. 1 in orbital launches in 2025.
They had successfully launched 169 Falcon 9 missions, or 85% of all launches in the United States, which means that around 30 of the remaining launches were conducted by the National Aeronautics and Space Administration (NASA) or some other company.
Think on that. A private company ranks number one in global orbital launches, without which the US will fall behind the People’s Republic of China.
And now, they are about to go public.
Anyone who has invested in equities will look at SpaceX IPO ($135) and see that its valuations are too high, which is not a surprise. IPOs (initial public offerings) have a tendency of falling sharply after the IPO period ends, depending on how well it delivers on expectations.
In SpaceX’s case, many are sure that it is highly overvalued $1.77 trillion, but much of its revenue comes from Starlink ($11 billion), Grok ($3 billion) and space launches ($4 billion).
Compared to its market value, those revenues are relatively tiny, but that is not why SpaceX is costs almost $2 trillion. The real reason is faith in Elon Musk and his team that they have what it takes to pioneer orbital mining, orbital data centers, commercial reusable rockets, orbital manufacturing and of course, lunar and Martian colonies.
That’s why SpaceX has a market value of $1.77 trillion, and make no mistake, if Musk delivers on his promises, his company won’t remain a private company for very long. The US government will insert representatives into its boardrooms and offices to make sure that SpaceX’s interests align with those of the US Government.
In conclusion, the SpaceX IPO is not just a new company going public, it is also a promise. It is Musk’s promise of creating the scaffolding of a post-Earth society./PN
