The Real Winner of SpaceX's IPO: Mark Zuckerberg

The Real Winner of SpaceX’s IPO: Mark Zuckerberg

A close-up photo of Mark Zuckerberg smiling broadly while speaking into a black microphone. He is wearing a dark blue suit, a white dress shirt, and a dark blue patterned tie. His eyes are crinkled at the corners from his wide smile, showing his teeth. The background is softly blurred, showing glimpses of other attendees and a blue screen.

Wall Street has spent the last six months questioning Mark Zuckerberg’s aggressive AI capital spending, with Meta Platforms (NASDAQ:META) raising its 2026 capex guidance to $125 to $145 billion after a Q1 in which revenue grew 33% year over year. While everyone debates whether Meta is overspending, a quieter filing from SpaceX just laid out a playbook that Zuckerberg should be studying.