Wall Street is About to Fund the First City on Mars.
Here are the Craziest Details from the SpaceX S-1
Imagine looking at your retirement account and seeing that your money is helping build a city on Mars. That scenario is no longer science fiction. SpaceX has officially filed its S-1 paperwork to go public, opening its doors to Wall Street and retail investors alike.
An S-1 is a formal document a company must file with the government before selling stock to the public. It is designed to lay out financial truths and risk factors. While most tech companies use this space to talk about software subscriptions and advertising revenue, SpaceX used it to map out the future of humanity in deep space.