SpaceX is preparing for an IPO set to debut on June 12, with three opportunities tied to the offering beyond simply buying shares on day one, with details teased for a June 3 event.

The market backdrop suggests SpaceX currently faces little real launch competition and could gain an edge in Artemis, orbital internet/OWS ambitions, and related ambitions as Blue Origin encounters setbacks.

The piece ends with thanks and an invitation to sign up for future updates and to reach the team with questions.

Reader Q&A addresses criticisms of Elon Musk and SpaceX, the potential of space-based solar power, China’s role, and explains SpaceX’s IPO lockup structures, noting a staggered lockup mechanism.

Discussion compares terrestrial versus orbital data centers, highlighting SpaceX’s planned orbital data centers and Starship technology as potential drivers, while noting terrestrial data centers’ relatively low water usage.

A Blue Origin New Glenn test resulted in a catastrophic launchpad explosion, a setback for Jeff Bezos interpreted as a potential competitive edge for SpaceX ahead of the IPO.

SpaceX IPO lockup specifics are outlined: unlike a typical 180-day lockup, SpaceX employs a staggered tranche release to dampen end-of-period selling, per the S-1 filing.