SpaceX files to go public, and the math requires a little faith

# SpaceX files to go public, and the math requires a little faith | TechCrunch Source: [https://techcrunch.com/video/spacex-files-to-go-public-and-the-math-requires-a-little-faith/](https://techcrunch.com/video/spacex-files-to-go-public-and-the-math-requires-a-little-faith/) [The SpaceX S\-1 is finally here](https://techcrunch.com/2026/05/20/the-spacex-ipo-filing-ai-bets-starship-dreams-elon-musk/), and the story it tells goes way further than rockets\. The filing runs to 36 pages of risk factors alone, and the numbers inside match the ambition: a $28 trillion total addressable market, a pay package tied to establishing a Mars colony, and a valuation target that would make it the largest IPO in American history\. Watch as[Equity](https://techcrunch.com/podcasts/equity/)podcast hosts Kirsten Korosec, Anthony Ha, and Sean O’Kane dig into what the filing actually says, what it leaves out, and whether any of this math connects to reality\. The team also covers[NanoCo turning down a $20M buyout](https://techcrunch.com/2026/05/20/nanoclaw-creator-turns-down-20m-buyout-offer-raises-12m-seed-instead/)to raise a $12M seed for its secure Nano Claw alternative, Anthropic’s[$300M acquisition of SDK startup Stainless](https://techcrunch.com/2026/05/18/anthropic-has-acquired-the-dev-tools-startup-used-by-openai-google-and-cloudflare/), and the Google I/O announcement that[promises to change search as we know it](https://techcrunch.com/2026/05/19/google-search-as-you-know-it-is-over/)\. Subscribe to Equity on[YouTube](https://www.youtube.com/@TechCrunch),[Apple Podcasts](https://itunes.apple.com/us/podcast/id1215439780),[Overcast](https://overcast.fm/itunes1215439780/equity),[Spotify](https://open.spotify.com/show/5IEYLip3eDppcOmy5DmphC?si=rZDFHv2sQUul_g94iCRgpQ)and all the casts\. You also can follow Equity on[X](https://twitter.com/EquityPod)and[Threads](https://www.threads.net/@equitypod), at @EquityPod\. Theresa Loconsolo is an audio producer at TechCrunch focusing on Equity, the network’s flagship podcast\. Before joining TechCrunch in 2022, she was one of 2 producers at a four\-station conglomerate where she wrote, recorded, voiced and edited content, and engineered live performances and interviews from guests like lovelytheband\. Theresa is based in New Jersey and holds a bachelors degree in Communication from Monmouth University\. You can contact or verify outreach from Theresa by emailing[theresa\.loconsolo@techcrunch\.com](mailto:[email protected])\. [View Bio](https://techcrunch.com/author/theresa-loconsolo/) ## Most Popular ### Newsletters Subscribe for the industry’s biggest tech news ## Related