Updated: May 22, 2026 – 3 episodes
SpaceX has filed for an initial public offering, marking a significant milestone for the private aerospace company. The filing reveals the company's financial details and highlights Elon Musk's continued control over its operations. This move could have major implications for the space industry and investors interested in space exploration.
SpaceX's IPO is stirring up quite the discussion. The All-In crew is bullish, projecting a $2 trillion valuation and seeing SpaceX as a leader in both coding and space industries. For a more skeptical view, Prof G Markets questions the sustainability of such valuations and highlights the financial risks involved. Meanwhile, Limitless Podcast offers a mixed take, focusing on Starlink's cash reserves but also noting SpaceX's liabilities. Start with All-In for the optimistic outlook, then head to Prof G Markets for a critical perspective.
Listen to the Playlist
Ridealong has curated the best podcasts and clips about SpaceX announces IPO, discloses financials and Musk's influence. Listen now.
Podcast Episodes Covering This Story
“The most interesting thing from this was I think the share structure of how they're going to be organizing this for Daddy Elon, who's going to be getting quite a big payday if he does well. So we have on screen here just a series of some of the financials. I mean, we know Starlink as a business has been doing unbelievable. They have about $25 billion in cash, 92 billion assets, 50 billion liabilities. That's quite a lot of liabilities on this. My God.”
Ridealong summary
SpaceX's IPO reveals a high-risk financial structure with significant liabilities, but also showcases Starlink's impressive cash reserves and potential for growth.
“But essentially, XAI was priced at 76 bucks, SpaceX at 527, which valued SpaceX at 859 to 1.3 trillion, which is expensive. But it valued XAI at like 250 billion. And basically, that overvalues, in my opinion, massively XAI, which is also, I believe, now owns Twitter, which was overpaid at $44 billion. But what you have here is a lack of representation for the individual companies.”
Ridealong summary
SpaceX's IPO could be the biggest in history, but its valuation is inflated and unsustainable, reflecting broader issues in private markets.
“SpaceX projected revenue between 22 and 24 billion in 2026 so this is quite a creative to the revenue story at spacex at the ipo of spacex which is now targeting a valuation of 2 trillion which would be trading at roughly 80 times top line revenue which is a you know people would say it's a high valuation but also commensurate with the opportunity.”
Ridealong summary
SpaceX's collaboration with Cursor and its impending IPO are set to propel it to the forefront of the coding and space industries, with a projected valuation of $2 trillion.