The company added a warning to prospective investors that a major dilution could be in the cards after it goes public.

Roughly 90% of the touted $28.5tn ‘market opportunity’ pertains not to space but to AI and adjacent data-centre services

Will it show insatiable retail demand...or mark an AI bubble top?

Elon Musk’s AI and rockets company will launch on the stock market on 12 June