Bloomberg’s Ed Ludlow breaks down SpaceX pitching a $28.5 trillion opportunity, from AI to Mars, ahead of an all-time blockbuster IPO. Plus, Nvidia fails to reignite the AI trade as CEO Jensen Huang pushes to diversify the chipmaker, saying AI is set to go mainstream. And, another major IPO on the horizon with OpenAI preparing for a filing which could come as soon as Friday.<br>See omnystudio.com/listener for privacy information.

SpaceX Files for Nasdaq IPO

Bloomberg Tech

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**Podcast:** Bloomberg Tech

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[SPEAKER_04] This is Bloomberg Tech coming up. SpaceX pitches a $28.5 trillion opportunity from AI to Mars ahead of an all-time blockbuster IPO. We break down the S1. Plus, NVIDIA fails to reignite the AI trade as CEO Jensen Huang pushes to diversify the chip maker, saying AI is set to go mainstream.

[SPEAKER_04] And another major IPO on the horizon, OpenAI preparing for a filing which could come as soon as tomorrow. Let's get straight to our top story. SpaceX has publicly filed for an IPO and in the process disclosed billions of dollars in losses along with a super voting share structure that would give Elon Musk sweeping control over the company. The ticker will be S-P-C-X.

[SPEAKER_04] The filing also underscores just how ambitious SpaceX believes its future could be. Today's big number, $28.5 trillion. The total addressable market the company says it's pursuing according to the documents. Let's get more on SpaceX's IPO and on Starship at the heart of it. Bloomberg Managing Editor for Space, Benedict Camel, Bloomberg Deals Reporter, Ryan Gould. Benny, I start with you.

[SPEAKER_04] We learned a lot about the reality of where SpaceX's business is right now. So let's start there. The numbers that jumped out of you as we poured through the docu...

SpaceX Files for Nasdaq IPO

Transcript

Built for investment professionals

Every day you wait, your competitors are finding
edge in conversations you're not hearing.

SpaceX Files for Nasdaq IPO

Transcript

Built for investment professionals

Every day you wait, your competitors are findingedge in conversations you're not hearing.

Every day you wait, your competitors are finding
edge in conversations you're not hearing.