1827 ET - Elon Musk's track record of promising big opportunities--and potentially even bigger profits--is still in tact when it comes to SpaceX. "We believe we have identified the largest actionable total addressable market ('TAM') in human history," the company says in its IPO filing. SpaceX estimates a TAM of $28.5 trillion, consisting of $26.5 trillion in AI across AI infrastructure, consumer subscriptions, digital advertising and enterprise applications. The TAM estimate also includes a $370 billion opportunity in space-enabled solutions and $1.6 trillion in connectivity from Starlink broadband and mobile as well as opportunities in enterprise and government, SpaceX says. (kelly.cloonan@wsj.com)
(END) Dow Jones Newswires
May 20, 2026 18:27 ET (22:27 GMT)
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