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MethodGeopolitical

How is SpaceX IPO & the Commercial Space Economy constructed?

Published by Deepstory Research as the methodology attached to SpaceX IPO & the Commercial Space Economy. Scope and source attribution are bounded by that Evidence Brief.

Procedure and scope

Source-backed values are seeded for all six chart sections: the Starlink subscriber S-curve (2020 → Feb 2026), SpaceX valuation by year with Rocket Lab market cap as a public comparator, launch successes vs failures by year (2006 → 2025) plus a dated milestone launch log, Starlink satellites deployed per year, launch cost per kilogram by vehicle, and a Starlink coverage map. Every numeric point carries a sources[].ref it traces to, plus a value_basis naming the report passage or brief section. Primary public sources (FCC, FAA, SEC EDGAR) are cited where authoritative; secondary reporting (Sacra, CB Insights, Statista, Space.com, CompaniesMarketCap, Wikipedia launch lists) is named where it was the reachable source. ESTIMATE: the Starlink coverage map is a clearly-labeled estimate of a representative set of active markets (on-chart "Estimated" ribbon), not a definitive per-country status. Blue Origin is private with no public valuation and is deliberately omitted from the valuation comparator rather than invented. The 2026 ~$1.75T figure is the IPO target, not a closed round. Re-verified 2026-06-15.

Known failure modes and limits

  • Blue Origin's valuation (private, unsourced — omitted, not estimated).
  • Exhaustive per-country Starlink status (coverage series is a labelled estimate).
  • Whether the ~$1.75T IPO target will clear at that level (it is a target, not a settled price).