All Things Space, UFOs, etc.What the Staggering SpaceX IPO Exposes About American Capitalism Posted on April 12, 2026 by Administrator There is something almost poetic about the fact that the man who taught rockets to land themselves upright — an achievement that every aerospace establishment figure once dismissed as fantasy — is now preparing to take on the greatest cartel in American finance. Elon Musk’s SpaceX is reportedly on the cusp of filing its IPO prospectus with the SEC, targeting what would be a roughly $75 billion raise at a $1.75 trillion valuation — the largest initial public offering in human history. Wall Street is, predictably, salivating. And that is precisely where the story gets interesting.