SpaceX IPO versus Blue Origin phantom equity
Blue Origin and SpaceX are reaching critical milestones and facing regulatory hurdles as they compete in the heavy-lift launch market. Blue Origin’s massive New Glenn rocket has been grounded by the FAA following a failed satellite launch and structural damage to a Florida test facility. Amidst this investigation, the company is reportedly updating its employee compensation plans to better retain talent against its rivals. Meanwhile, SpaceX is moving toward a historic IPO that could value the company at approximately $2 trillion, driven by the success of its Starlink internet constellation…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.