How the SpaceX IPO effect could send the Seattle area’s space industry to a higher orbit

SpaceX’s Seattle connection dates back to 2015, when CEO Elon Musk announced at Seattle Center that the company’s satellite operation would be based in the region. “What this represents is the official opening of SpaceX Seattle,” he said at the time. (GeekWire File Photo) SpaceX’s initial public offering is likely to boost the company’s valuation to $1.77 trillion, promote CEO Elon Musk to trillionaire status — and benefit the Seattle area’s space community as well.