Tom Mueller, CEO of Impulse Space, says investors are buying a vertically integrated vision for space-based computing, AI, and the next industrial revolution.

Most of the value in SpaceX's IPO is effectively a call option on the company's ambitious space data center plans.

Elon Musk's rocket company, recently merged with xAI, is aiming to raise $75 billion in its initial public stock offering. It's the first of a trio of mega-IPOs from AI companies…