“What we’re showing here is kind of a draft version of the version one of the SpaceX AI satellite,” said Elon Musk at the reveal on Monday. “It’s actually much simpler than a Starlink satellite.” The release of renders and specs for the space-based AI1 data center is very much timed to lend credence to the SpaceX IPO, which is set to begin trading on Friday. [Image: On Monday SpaceX revealed a draft of its AI data center satellite. https://platform.theverge.com/wp-content/uploads/sites/2/2026/06/ai1-spacex.jpeg?quality=90&strip=all]

SpaceX's upcoming IPO, fueled by immense investor demand, could propel Elon Musk to trillionaire status. Beyond its space ambitions, the company's prospectus reveals plans for…

June 8 : SpaceX CEO Elon Musk said on Monday that building orbital AI data centers is not a difficult engineering challenge as the company prepares for its blockbuster IPO this…