--- title: "Elon Musk's SpaceX Reveals $28.5 Trillion Opportunity—And It's Not Rockets Or Starlink" type: "News" locale: "en" url: "https://longbridge.com/en/news/287158693.md" description: "SpaceX has revealed a $28.5 trillion total addressable market for commercial space flight, targeting a $75 billion IPO on Nasdaq under the symbol SPCX. The company reported $18.7 billion in revenue last year but incurred a $4.9 billion loss. Goldman Sachs will lead the IPO, with BlackRock considering a multi-billion-dollar investment. SpaceX's filings highlight significant opportunities in artificial intelligence and asteroid mining, while excluding estimates from Russia and China." datetime: "2026-05-21T04:06:27.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/287158693.md) - [en](https://longbridge.com/en/news/287158693.md) - [zh-HK](https://longbridge.com/zh-HK/news/287158693.md) --- # Elon Musk's SpaceX Reveals $28.5 Trillion Opportunity—And It's Not Rockets Or Starlink **Elon Musk**\-led **SpaceX** has revealed a potential $28.5 trillion total addressable market (TAM) for the commercial space flight giant in its latest filings. ## Largest Actionable TAM In its filings with the Securities and Exchange Commission (SEC) on Wednesday, SpaceX shared that it had identified the “largest actionable total addressable market… in human history.” **Read Also: Elon Musk Calls Fully Reusable Rockets A 'Crazy Hard Problem' As SpaceX Pushes Starship V4** The company saw over $370 billion in Space from space-enabled solutions, as well as a Starlink opportunity worth $1.6 trillion, including “$870 billion in Starlink Broadband and $740 billion in Starlink Mobile,” SpaceX said. By far its largest opportunity lies with artificial intelligence, the company said, in an opportunity worth $26.5 trillion, including over $2.4 trillion in infrastructure, $760 billion in consumer subscriptions, $600 billion in digital advertising, and over “$22.7 trillion in enterprise applications.” However, SpaceX mentioned that it had excluded opportunities from Russia and China in its calculations of the company’s global estimates. In the filing, SpaceX also revealed it held over $1 billion in cryptocurrency assets. ## SpaceX IPO The company is aiming to raise over $75 billion on a valuation of $1.75 trillion via its listing. SpaceX, in the S-1 filing, shared that it had recorded $18.7 billion in revenue last year and posted a $4.9 billion loss during the same period. The company also revealed asteroid mining as a possible opportunity, too. Notably, investment bank **Goldman Sachs Group Inc.** (NYSE:GS) is reportedly going to be the lead left underwriter for the IPO, with **Morgan Stanley** (NYSE:MS) also playing a key role in the listing. **BlackRock Inc.** (NYSE:BLK) is also reportedly considering a multi-billion-dollar investment in the upcoming IPO, with the company targeting investments of anywhere between $5 billion and $10 billion. SpaceX will list on the Nasdaq and will trade under the symbol “SPCX.” Nasdaq had recently announced a series of rule changes that could expedite SpaceX’s entry into the Nasdaq 100 index. **Read Also: Elon Musk Accused Of Building 'Most Management-Favorable' IPO Structure At SpaceX: Report** _Check out more of Benzinga’s Future Of Mobility coverage by_ following this link. _Photo courtesy: Shutterstock.com_ ### Related Stocks - [GS-C.US](https://longbridge.com/en/quote/GS-C.US.md) - [BLK.US](https://longbridge.com/en/quote/BLK.US.md) - [GS-A.US](https://longbridge.com/en/quote/GS-A.US.md) - [GS-D.US](https://longbridge.com/en/quote/GS-D.US.md) - [GS.US](https://longbridge.com/en/quote/GS.US.md) - [SPCX.US](https://longbridge.com/en/quote/SPCX.US.md) - [MS.US](https://longbridge.com/en/quote/MS.US.md) - [.NDX.US](https://longbridge.com/en/quote/.NDX.US.md) - [W4VR.SG](https://longbridge.com/en/quote/W4VR.SG.md) - [MS-O.US](https://longbridge.com/en/quote/MS-O.US.md) - [MS-Q.US](https://longbridge.com/en/quote/MS-Q.US.md) - [MS-E.US](https://longbridge.com/en/quote/MS-E.US.md) - [MS-I.US](https://longbridge.com/en/quote/MS-I.US.md) - [MS-L.US](https://longbridge.com/en/quote/MS-L.US.md) - [MS-P.US](https://longbridge.com/en/quote/MS-P.US.md) - [MS-A.US](https://longbridge.com/en/quote/MS-A.US.md) - [MS-F.US](https://longbridge.com/en/quote/MS-F.US.md) - [MS-K.US](https://longbridge.com/en/quote/MS-K.US.md) - [BTX.US](https://longbridge.com/en/quote/BTX.US.md) - [BIT.RT*.US](https://longbridge.com/en/quote/BIT.RT*.US.md) - [BDJ.US](https://longbridge.com/en/quote/BDJ.US.md) - [BSTZ.US](https://longbridge.com/en/quote/BSTZ.US.md) - [BIT.RT.US](https://longbridge.com/en/quote/BIT.RT.US.md) ## Related News & Research - [What Goldman’s lead role in SpaceX’s record-breaking IPO means for investors](https://longbridge.com/en/news/287123542.md) - [BlackRock weighs multibillion-dollar investment in SpaceX IPO, the Information reports](https://longbridge.com/en/news/286650309.md) - [SpaceX Releases IPO Prospectus Ahead Of June Listing](https://longbridge.com/en/news/287218215.md) - [SpaceX Officially Files S-1 for IPO, Confirms Nasdaq Ticker ‘SPCX’](https://longbridge.com/en/news/287126917.md) - [Bound for Mars, Elon Musk's SpaceX unveils filing for blockbuster IPO](https://longbridge.com/en/news/287118138.md)