SpaceX has transformed the aerospace industry with its reusable rockets — radically lowering the cost of lifting satellites into space while bringing internet service to all corners of the globe with its Starlink network.
Now, Elon Musk’s privately held company is eyeing what could be the largest initial public offering ever as it faces multiple challenges — including landing Americans on the moon, satisfying the billionaire’s ambitious if quixotic desires to colonize Mars and potentially putting AI data centers into orbit.
The company is seeking to raise more than $30 billion with an IPO perhaps late next year that would value the company at $1.5 trillion, according to reports.
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Technion astrophysicist Prof. Ehud Behar is among the experts weighing in on the feasibility of orbiting data centers.