SpaceX IPO Is A $1.77 Trillion Bet On An Orbital Economy
SpaceX is preparing for an IPO with a projected valuation of $1.77 trillion, significantly higher than its 2024 valuation of $350 billion. While rockets are a core part of its business, investors are increasingly viewing the company as a communications and infrastructure provider. The Starlink satellite internet service, which already has over 10 million subscribers, is a major driver of this valuation, generating over $1 billion in profit in early 2026. The development of Starship, a super heavy-lift reusable rocket, is expected to further reduce launch costs and enable the construction of large-scale infrastructure in orbit, such as data centers and solar power systems. AI
IMPACT Sets stage for orbital AI infrastructure, potentially lowering compute costs and enabling new space-based applications.