Venture
fromFast Company
4 days agoSpaceX's $2 trillion reality check
SpaceX plans a $75B IPO at up to $2T valuation, driven by long-term space-market ambitions while current economics, launch bottlenecks, and geopolitics shape outcomes.
With so many rocket launches happening around the world, some might want to dismiss these statements as a corporate plea for more competition, and therefore lower prices. SpaceX is on pace to launch more than 150 times this year. China could end the year with more than 70 orbital launches. These are staggering numbers compared to global launch rates just a few years ago.