SpaceX IPO and orbital AI data centers
The high-profile preparations for a SpaceX initial public offering anticipated in June 2026. The company is reportedly targeting a record-breaking $1.75 trillion to $2 trillion valuation, driven by the success of Starlink and the recent integration of the artificial intelligence venture xAI. A significant feature of the offering is an unusually large 30% share allocation for retail investors, a move designed to leverage Elon Musk’s dedicated supporter base. However, the proposed dual-class share structure has sparked intense criticism from major pension fund trustees, who warn that it grants…
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