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Fortune

Diane Brady

The SpaceX IPO is a referendum on Elon Musk and his plan to colonize Mars

Elon Musk SpaceX Mars IPO United States Fortune Tesla Inc. NASA

(Credit: Johannes Neudecker/picture alliance via Getty Images)

In today’s CEO Daily: Unpacking SpaceX’s IPO prospectus.
The big leadership story: Inside Microsoft’s plan to make up the ground it’s lost in the AI race.
The markets: Mixed globally as investors digest Nvidia’s latest earnings .
Plus: All the news and watercooler chat from Fortune .

Good morning. How much faith do you put in Elon Musk? If you can’t wait to get a piece of SpaceX after studying its prospectus, the answer is, a lot. Musk’s rocket-and-satellite company filed its S-1 yesterday, giving us a detailed look at the financials behind what’s expected to be the biggest initial public offering in history.

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