Elon Musk seemingly found the cheat code for capitalism. The SpaceX IPO proves it.

The SpaceX IPO appears to validate Elon Musk’s bet on blending space ventures with AI, a theme the headline frames as a 'cheat code' for capitalism. SpaceX filed its SEC-mandated S-1 on Thursday, targeting a record valuation near $1.75 trillion. The filing links SpaceX’s space-launch business to future AI ventures via xAI and Grok, while noting last year’s losses near $5 billion on $18 billion in revenue. The document also flags risks, including a 2028 plan for in-space AI data centers and potential component failures, noting space conditions remain untested for such infrastructure. It highlights geomagnetic storms, solar flares, radiation, micrometeoroids, and debris as challenges investors should consider.