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This is Bloomberg Tech coming up, SpaceX Pictures, a $28.5 trillion opportunity from AI to Mars ahead of an all-time blockbuster IPO. We break down the S-1. Plus, Nvidia fails to reignite the AI trade as CEO Jensen Wong pushes to diversify the chipmaker, saying AI is set to go mainstream, and another major IPO on the horizon, Open AI preparing for a filing, which could come as soon as tomorrow.

Let's get straight to our top story. SpaceX has publicly filed for an IPO, and in the process

disclosed billions of dollars in losses

along with a super voting share structure that would give Elon Musk sweeping control over the

company. The ticker will be S, P, C, X. The filing also underscores just how ambitious

SpaceX believes its future could be. Today's big number,

$28.5 trillion. The total addressable market the company says it's pursuing according to the documents.

Let's get more on SpaceX's IPO and on Star Trek at the heart of it.

Bloomberg managing editor for space, Benedict Camel, Bloomberg deals reporter, Ryan Gould. Benny, I start with you. We learned a lot about the reality of where SpaceX's business is right now. So let's start there, the numbers that jumped out of you as we poured through the document and went through it with a fine-tooth comb. Yeah, I mean, you've already mentioned some of them, and the one that really was a bonkers number, let's say,

it is the total addressable market, the market they're targeting

just shy of 29 trillion.

...