SpaceX is urging New York investors to value the aerospace giant at more than $1.7 trillion, a figure eclipsing the combined market capitalisation of Meta and Berkshire Hathaway, despite currently generating less annual revenue than the US retail chain Macy's.
The company's latest S-1 filing, which posits a staggering $28.5 trillion 'SpaceX economy impact' based largely on future AI dominance, has triggered a fierce debate on Wall Street.