Elon Musk’s aerospace venture SpaceX has submitted its S-1 registration document to the U.S. Securities and Exchange Commission, officially launching preparations for what may become the most substantial initial public offering on record. The enterprise is pursuing a market capitalization between $1.5 trillion and $2 trillion, with its stock market launch scheduled for June 2026. The regulatory disclosure provided market participants with unprecedented transparency into operations at one of the planet’s highest-valued privately-held enterprises. A particularly noteworthy revelation involved the company’s ... (full story)