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SpaceX IPO Sells Rocket Business Hype in 17-Minute Video Pitch
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Goldman Sachs expects SpaceX’s AI revenue to surge 100 times by 2030
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SpaceX aims to launch orbital AI computing tests by end of next year, sources say
SpaceX aims to launch orbital AI computing tests by end of next year, sources say The orbital-compute effort is central to SpaceX's long-term growth pitch to investors, and the company claims in its IPO documents that it is "the only company with a commercially viable path to building orbital AI compute at scale". SpaceX executives say the company is aiming to launch initial demonstrations of space-based artificial intelligence computing infrastructure by late 2027, ahead of the "as early as...
SpaceX IPO hype has traders flocking to this mid-cap stock
Hype for the biggest IPO of all-time is at a fever pitch and traders can't wait – literally. Options volume is picking up in Nasdaq-listed Echostar, a $35-billion networking business based in Colorado that owns an estimated 3% of SpaceX stock, which it acquired through a deal providing wireless spectrum to Starlink in September. Trading activity on Wednesday was more than three times the daily average the past month, according to data from Cboe LiveVol, with more than 60,000 options...