While SpaceX is a world superpower in crafting reusable rockets, its high-priced takeover of the AI start-up xAI should be factored into calculating its IPO share price.

Goldman Sachs projects SpaceX AI revenue will surge 100-fold from $3.2B to $322B by 2030 as part of its IPO pitch, but analysts question the assumptions.

SpaceX’s IPO reflects AI-driven market trends after xAI merger, Anthropic deal, and Cerebras success.