00:00It's Benzinga, bringing Wall Street to Main Street.
00:02SpaceX is set to go public Friday under the ticker SPCX, targeting a $1.75 trillion valuation
00:09and raising $75 billion in what would be the largest IPO in history, according to Benzinga.
00:16The company claims a $28.5 trillion total addressable market across three segments,
00:22space at $370 billion, connectivity at $1.6 trillion, and AI at $26.5 trillion.
00:29The AI segment includes $2.4 trillion in infrastructure, $760 billion in consumer
00:35subscriptions, $600 billion in digital advertising, and $22.7 trillion in enterprise applications.
00:42Those TAM figures exclude China and Russia.
00:46Wedbush securities analyst Dan Ives frames SpaceX as a vertically integrated AI and connectivity
00:51platform and a key driver of the next phase of the AI trade.
00:54For all things money, visit Benzinga.com.
Comments