In June, SpaceX completed the largest IPO in history, reaching a market value high of over $2 trillion. This valuation has established a new financial center of gravity for the industry, with significant consequences and implications. 

To continue reading this article:

Register now to read
3 free articles this month.

You’ll also receive our weekly Editor’s Choice, SpaceNews This Week and Opinions newsletters. Opt-out at any time.

Sign in to an existing account

Get unlimited access to SpaceNews.com, the SpaceNews app and our digital monthly magazine for less than $5 per week.

$280

On a campus or library network? Check for access.

Cancel anytime. Sales tax may apply. No refunds. Terms and conditions apply.

See all subscription options

Mike Kaliski is Chief Commercial Officer at SWISSto12.