$Planet Labs Pbc(PL)$  

If SpaceX ever decides to list publicly in the US, were not talking about just another IPO. We're talking about the IPO. The kind that doesn't just break records, it rewrites how markets price the future. Why This IPO Would Be Different? Most IPOs are about monetising an existing business. SpaceX is different. It isa platform on top of multiple exponential bets: - Launch dominance (Falcon 9, Starship) - Satellite infrastructure (Starlink) - Long-term: logistics beyond Earth --------- This isnt a“company going public.” It's the financialisation of a space economy backbone. If you try to benchmark it against traditional aerospace like Boeing or Lockheed Martin, you’re already thinking too small. The closer comparison? A mix of telecom + cloud + defense + logistics + deep tech. The Valuation

$Planet Labs Pbc(PL)$  

$Planet Labs Pbc(PL)$  

$Planet Labs Pbc(PL)$  

$Planet Labs Pbc(PL)$  

$Planet Labs Pbc(PL)$  

SpaceX going public would drop a massive mega-cap space stock into the market, which is easily the biggest aerospace, defense, or satellite name we've ever seen. The initial float (the shares actually available to trade right away) is expected to be pretty small at first, maybe just 3 to 5% of the company. Even so, that could mean tens of billions in tradable value depending on the final size. Still, it would completely dwarf the current public space sector to a ridiculous degree. Right now, the whole listed space industry including $Rocket Lab USA, Inc.(RKLB)$  , $AST SpaceMobile, Inc.(ASTS)$  , $Planet Labs Pbc(PL)$  ,

$Planet Labs Pbc(PL)$  

$Planet Labs Pbc(PL)$  

$Rocket Lab USA, Inc.(RKLB)$  

$Planet Labs Pbc(PL)$  

$Rocket Lab USA, Inc.(RKLB)$  

$Rocket Lab USA, Inc.(RKLB)$  

$Rocket Lab USA, Inc.(RKLB)$  

$Rocket Lab USA, Inc.(RKLB)$  

$Rocket Lab USA, Inc.(RKLB)$  

$Rocket Lab USA, Inc.(RKLB)$  

$Rocket Lab USA, Inc.(RKLB)$  

$Rocket Lab USA, Inc.(RKLB)$