SpaceX IPO filing brings Musk’s interplanetary ambitions to Wall Street
May 20 : As Elon Musk’s SpaceX races toward what could be the largest IPO in history, its filing delivers a rare mix of hard financial data and bold ambitions of exploring the frontiers of space. The filing’s references to lunar missions and Mars settlement echo the popular space-age futuristic themes of “The Martian” and “Interstellar,” while grounding those ambitions in the more familiar language of commercial space development. The company identified asteroid mining, in-orbit manufacturing and energy production on the moon and Mars as potential future opportunities, even though these ventures appear nowhere near feasibility. The language in the filing at times veered from conventional corporate disclosure to warnings of existential peril. “We do not want humans to have the same fate as dinosaurs,” the company said, as it made a case for interplanetary travel. The part-balance-sheet, part-science-fiction nature of the paperwork is just one of several signs that show how unprecedented SpaceX’s IPO truly is, in terms of size, ambition and business model. It is also consistent with Musk’s public persona. The billionaire …



