SpaceX’s excitement, fueled by a target valuation of $1.8 trillion for its initial public offering and its promising Starship rocket development, has revived a familiar claim: that SpaceX is on course to dominate the space market. Commercially, that opinion makes sense. SpaceX launches more into space than anyone else and at very competitive costs, its Starlink satellite network company provides huge domestic demand, and has huge profits unmatched by any other private…
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