News linked to both this project and an event.
Odaily ARK Invest stated that SpaceX's upcoming IPO could become a historic capital markets event, with the company's overall valuation potentially approaching the $2 trillion level. Brett Winton, Head of Portfolio and Research at ARK, said on CNBC that SpaceX's IPO is priced at approximately $135 per share, corresponding to a valuation of around $1.77 trillion, and plans to list on Nasdaq on June 12.Winton pointed out that SpaceX's core value comes not only from its rocket launch business but more so from its rapidly expanding satellite internet network, Starlink. This network currently has a bandwidth capacity of approximately 500 Tbps, generating an annual revenue of around $13 billion. It is expected to significantly reduce launch costs with the Starship rocket, accelerating satellite deployment and network expansion. He believes that as AI applications proliferate rapidly, the demand for global communication and computing infrastructure will further increase, positioning SpaceX as a key infrastructure provider in this trend. ARK also estimates that the AI foundation model industry could create between $15 trillion and $20 trillion in enterprise value by 2030.Currently, ARK holds approximately 11.4% of SpaceX's private shares through its venture capital strategy and considers it one of its core long-term holdings. The fund has risen about 15% so far this year, with gains exceeding 70% over the past 12 months. (CNBC)
Odaily News SpaceX stated in its IPO filing documents that orbital AI computing, along with lunar and Martian industrialization efforts, are still in their early stages and involve significant technical complexities, potentially preventing them from achieving commercialization. Elon Musk once called space AI computing an obvious choice, believing that orbit could become the lowest-cost location for AI within two to three years. The document warns that orbital AI data centers operate in harsh and unpredictable space environments, where system failures may occur. Additionally, delays in the development of Starship could also limit the company's growth strategy. SpaceX currently targets a valuation of approximately $1.75 trillion and plans to raise $75 billion in the coming months.