Home Science Locked Out of IPO, Asia Investors Find New Ways to Bet on SpaceX
Science

Locked Out of IPO, Asia Investors Find New Ways to Bet on SpaceX

Locked Out of IPO, Asia Investors Find New Ways to Bet on SpaceX
Key Points

A Tesla electric vehicle drives past a SpaceX Falcon 9 rocket displayed outside a Space Exploration Technologies Corp. facility in Hawthorne, California, on June 8, 2026. SpaceX on June 5 signed a blockbuster cloud computing agreement under which Google will pay the Elon Musk-founded rocket company $920 million per month for access to a massive cluster of AI chips, according to a disclosure in its initial public offering filing. The deal, which will bulk up SpaceX's finances ahead of its IPO...

A Tesla electric vehicle drives past a SpaceX Falcon 9 rocket displayed outside a Space Exploration Technologies Corp. facility in Hawthorne, California, on June 8, 2026. SpaceX on June 5 signed a blockbuster cloud computing agreement under which Google will pay the Elon Musk-founded rocket company $920 million per month for access to a massive cluster of AI chips, according to a disclosure in its initial public offering filing. The deal, which will bulk up SpaceX's finances ahead of its IPO on June 12, covers a computing infrastructure of approximately 110,000 Nvidia GPUs -- the crucial hardware needed to power Google's AI models. (Photo by Patrick T. Fallon / AFP via Getty Images)
IPO (ORG) Asia Investors Find New Ways to Bet (ORG) SpaceX (ORG) Tesla (ORG) SpaceX Falcon (ORG) Space Exploration Technologies Corp. (ORG) Hawthorne (LOCATION) California (LOCATION) Google (ORG) Elon Musk (ORG) Nvidia (ORG) Patrick T. Fallon (PERSON) Getty Images (ORG)
Originally published by Bloomberg Markets Read original →