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How SpaceX could become the most valuable company in the universe

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21.05.2026

Thursday 21 May 2026 5:51 am  |  Updated:  Wednesday 20 May 2026 10:26 am

How SpaceX could become the most valuable company in the universe

By: Rainer Zitelmann

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PHILADELPHIA, PENNSYLVANIA - MARCH 22: President Donald Trump and White House Senior Advisor, Tesla and SpaceX CEO Elon Musk shake hands while attending the NCAA Division I Wrestling Championship on March 22, 2025 in Philadelphia, Pennsylvania. Trump last attended the NCAA wrestling championship in 2023 and has attended high-level sporting events since becoming president in January. (Photo by Kayla Bartkowski/Getty Images)

Elon Musk’s plans to colonise Mars may sound far-fetched, but he has already achieved most of what he set to do. But in order to make science fiction a reality, we need to make sure companies are rewarded for taking risks in space, says Rainer Zitelmann

SpaceX is aiming to go public in June setting the stage for what is expected to be the biggest IPO of all time. Elon Musks company occupies a unique position. Between January 1 and May 12, 2026, the company launched 55 rockets into space. All 55 launches were successful. The rest of the world combined launched 46 rockets during the same period. That means China, Russia, Europe, India, Japan, and all other U.S. companies together conducted fewer launches than the private company SpaceX.

The same was true in 2025 as a whole: Of 324 global rocket launches, 165 were carried out by SpaceX. If SpaceX were a country, it would rank as the world’s number one space power — far ahead of China with 88 launches.

The private company SpaceX alone carried out 20 times more rocket launches in 2025 than all of Europe with its state-organized space program combined. And more than ten years ago, it built the world’s first truly reusable rocket — something that no single government space agency anywhere in the world has achieved to this day.........

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