When I began researching, writing, and publishing on the subject of space capitalism several years ago, many people laughed. They asked why I had chosen such a niche topic and suggested that it sounded more like science fiction than reality.
Well, space capitalism is now a reality. Within a few hours, we will witness what is expected to be the largest IPO in history: Elon Musk’s company SpaceX aims to raise $75 billion. As a result, Musk is set to become the first trillionaire in history. Astute observers, including American politician and space enthusiast Ted Cruz, predicted more than a decade ago that the world’s first trillionaire would emerge from the space industry.
