When SpaceX starts trading, some ‘shareholders’ will discover they own nothing at all
SpaceX's upcoming IPO is set to be the largest in history, with shares trading at $135 and valuing the company at $1.8 trillion. This event will expose potential fraud in the secondary market, where some investors may have purchased contracts that are not backed by actual shares. Goldman Sachs is leading the IPO, earning significant fees despite a low commission rate. Additionally, ARK Invest suggests that placing AI data centers in orbit, utilizing SpaceX rockets, could become more cost-effective than terrestrial data centers due to declining reusable rocket costs. AI
IMPACT The potential for orbital AI data centers highlights a future infrastructure shift driven by declining launch costs.