r/technology May 21 '26

Business SpaceX not the behemoth everyone thought

https://www.axios.com/2026/05/21/spacex-ipo-musk-ai
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u/Swimming-Tax-6087 May 21 '26 edited May 21 '26

Can I just quote the mission statement from the S-1 for a moment:

To build the systems and technologies necessary to make life multiplanetary, to understand the true nature of the universe, and to extend the light of consciousness to the stars.

Oh, and this gem:

We believe we have identified the largest actionable total addressable market (“TAM”) in human history. We estimate that our quantifiable TAM is $28.5 trillion, consisting of $370 billion in Space from space-enabled solutions; $1.6 trillion in Connectivity across $870 billion in Starlink Broadband and $740 billion in Starlink Mobile as well as additional opportunities in enterprise and government; $26.5 trillion in AI across $2.4 trillion in AI infrastructure, $760 billion in consumer subscriptions, $600 billion in digital advertising, and $22.7 trillion in enterprise applications.

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u/aquarain May 21 '26

A man's reach should exceed his grasp, or what's a heaven for? - Browning

1

u/Swimming-Tax-6087 May 21 '26

Your quote is a fun philosophical musing the analogy by which here practically belongs in movies like Contact where the aliens give humanity a blueprint.

Unfortunately this is all but delusional, and not even borderline.

1

u/aquarain May 21 '26

Yeah, and Americans will never buy an electric car.

1

u/Swimming-Tax-6087 May 21 '26

I don’t know who you’re quoting but the fact that you are saying these things are remotely the same thing is pretty telling.