The whispers of SpaceX's impending Initial Public Offering (IPO) have been echoing through the corridors of the space industry, leaving many to wonder about the valuation of the private space giant. At the center of the speculation is Elon Musk's ambitious plan to take SpaceX public, potentially making it a $1. 5 trillion company.
Rumors had been circulating about a private placement of stock at an $800 billion valuation, a move that would provide liquidity for employees and investors. This valuation is twice SpaceX's private market value at its most recent capital raise. Eric Berger of Ars Technica confirmed the IPO rumors, and Musk himself validated Berger's hypothesis. The crux of SpaceX's plan lies in raising substantial capital to fuel its next phase of innovation.
Musk intends to deploy this capital to develop a modified version of the Starlink satellite, which will serve as a foundation for building data centers in space. His vision is to establish "satellite factories on the Moon" and construct an "electromagnetic railgun" to accelerate AI satellites to lunar escape velocity without relying on rockets.
This bold plan aims to enable SpaceX to launch over 100TW → year of AI data center satellites into space, providing artificial intelligence services to Earth.
For about a week, multiple media outlets have reported rumors that the biggest and most profitable private space company in the world was ...Here's one of the sources related to this article: Check here
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