SpaceYahoo Finance3 days ago
SpaceX IPO includes AI chip manufacturing plan
1 min read
SpaceX plans to launch its IPO on June 12 at $135 per share under ticker SPCX, targeting a $1.77 trillion valuation. The S-1 filing reveals Terafab, a chip initiative aiming to produce one terawatt of compute hardware yearly for AI data centers in space. AI represents $26.5 trillion of SpaceX's estimated $28.5 trillion addressable market.
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