SpaceX pitches itself as integrated interplanetary proto-monopolist in IPO filing

SpaceX has filed paperwork for its long-awaited initial public offering and made the argument that its unique combination of activities and “focus on extreme vertical integration” make it worthy of investors’ cash despite hefty losses. The company’s filing offers the usual Muskian tropes about the company’s purpose being to ensure human consciousness can reach the stars, a voyage that’s only possible with cheap reusable rockets, powerful AI operating in space where energy is abundant, and effici