SpaceX IPO targets $1.75 trillion valuation

SpaceX schedules IPO with $1.75 trillion valuation citing AI market of $26.5 trillion as revenue driver. The company's primary revenue model relies on space-based AI infrastructure, though critics argue the link is unproven and financially unsustainable. SpaceX claims mission focus is multiplanetary colonization, with lunar and planetary cities as long-term goals.