SpaceX filed its prospectus ahead of a mooted $1.75tn flotation, promising an AI-energised future with orbital data centres and a Mars colony of 1mn people. The document vows to accelerate trillion-dollar markets on the Moon and Mars, stating humanity must avoid the dinosaurs' fate—a sentence never before seen in an SEC filing.

Musk's rhetoric echoes Soviet bombast; his Master Plan IV mirrors Khrushchev's 1961 'life of plenty' promises. Both drew inspiration from rocket scientist Konstantin Tsiolkovsky, who wrote, 'The Earth is the cradle of humanity.' While Musk profits from government contracts, Khrushchev threatened to bury capitalism.

SpaceX has made 650 launches but posted $37bn in cumulative losses. The prospectus admits a history of net losses and 37 pages of risks. A listing at the touted valuation would defy financial gravity as Khrushchev's plans once flouted economic logic. Controlling 94% of voting shares, Musk avoids his predecessor's fate, but sweeping visions often end in failure.