SpaceXs IPO filing underscores how space has evolved from exploration to a strategic domain central to national security, communications and warfare. The companys role in Ukraine through Starlink and its US defence work highlights the growing importance of private space firms in military and geopolitical affairs.

"SpaceX has captured a structural share of federal space dollars. It is NASA's largest commercial..."

Investors see SpaceX as a bet on broadband, AI infrastructure and even space-based energy. But if they become reality, the biggest change may be visible every night.