The SpaceX IPO is a trillion-dollar gamble on the future of space

Booster 19, or ''B19'', is seen atop pad 2 at SpaceX's South Texas facility in Cameron County, Texas, ahead of an igniter test on April 13, 2026. (Photo by Reginald Mathalone/NurPhoto via Getty Images) | NurPhoto via Getty Images

The great SpaceX IPO is looming, allowing outside investors - including regular Joe Schmoes, or retail investors - to buy a stake in one of the buzziest and most controversial companies on the planet for the first time. Depending on who you ask, it's either the best investment opportunity you'll see this decade or a fool's errand to rip off credulous Musk fanboys. With valuations of the company going to sky-high levels, over $1 trillion according to some estimates, there's certainly a furor around the potential for rich returns.

But is there really any money to be made in space?

Let's be clear: There are plenty of companies making money …

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