AI NewsSpaceX files to go public, and the math requires a little faith

SpaceX files to go public, and the math requires a little faith

3:00 AM IST · May 23, 2026

Loading the player… The SpaceX S-1 is finally here, and the story it tells goes way further than rockets. The filing runs to 36 pages of risk factors alone, and the numbers inside match the ambition: a $28 trillion total addressable market, a pay package tied to establishing a Mars colony, and a valuation target that would make it the largest IPO in American history. Watch asEquitypodcast hosts Kirsten Korosec, Anthony Ha, and Sean O’Kane dig into what the filing actually says, what it leaves out, and whether any of this math connects to reality. The team also coversNanoCo turning down a $20M buyoutto raise a $12M seed for its secure Nano Claw alternative, Anthropic’s$300M acquisition of SDK startup Stainless, and the Google I/O announcement thatpromises to change search as we know it. Subscribe to Equity onYouTube,Apple Podcasts,Overcast,Spotifyand all the casts. You also can follow Equity onXandThreads, at @EquityPod.