Sneaky news?! SpaceX reportedly filed for IPO, aiming to raise up to $75 billion with a target va...
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The deal is meant to help SpaceX’s AI division — built around Elon Musk’s AI company xAI, which SpaceX merged with earlier this year — catch up to the major AI labs.
SpaceX told investors that it sees a potential $2.4 trillion AI infrastructure business (including its stated plans to build a satellite constellation that handles AI compute) and a $22.7 trillion opportunity in “enterprise applications.”
SpaceX, could bring in US$1 trillion in revenue by 2030.
Goldman had estimated that SpaceX’s revenue would exceed US$470 billion in 2030, while Morgan Stanley projected it would reach nearly US$330 billion.
Burry also repeated his caution on stretched tech valuations and AI-driven enthusiasm, arguing that investors may be getting too comfortable with momentum trades in the broader market.
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