… The news will likely come as a relief to people concerned about passive investor money and people’s retirement savings plans having greater exposure to the market risks associated with SpaceX’s big bet on AI and speculative orbital data center plans . …
… SpaceX IPO happens on Friday . …
… SpaceX is targeting a valuation of $1.75 trillion in its IPO on Friday, which is predicated on Starship flying frequently and deploying massive networks of orbital data centers in space. …
… SpaceX’s fantastic valuation after its IPO? …
… It revealed plans to launch 1 million orbital data centers. SpaceX merged with xAI in a deal that valued Elon Musk’s artificial intelligence firm at $250 billion, and it announced plans to become a major computer chip manufacturer . …