What Happened
Elon Musk's Galactic Business Plan Raises Eyebrows
SpaceX has announced a total addressable market of $28.5 trillion, according to its IPO filing. The estimate, which excludes Russia and China, is largely driven by the company’s AI business, with a potential value of $26.5 trillion. While the number appears ambitious, it reflects SpaceX’s goal of creating new markets in space, AI, and connectivity. The estimate was reported by Axios.