What does SpaceX have going for it? The timeline is all about SpaceX submitting an IPO application. It hasn't gone public yet, but its valuation is already three times the combined value of Boeing, Lockheed Martin, Airbus, and Northrop Grumman. However, its annual revenue is only 5% of theirs. If it happens, this will be the biggest IPO in human history. Saudi Aramco raised $29 billion in 2019, and SpaceX is 2.5 times that.

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