SpaceX IPO Lifts Off As Data Center Race Moves From Ashburn To Abilene To Space

SpaceX IPO raises $75 billion as data center ambitions shift from ground to orbit

SpaceX's $75B IPO ($2T valuation) deploys 1M orbital AI satellites targeting 1 GW by late-2026 and 100 GW in 3.5 years. Merges xAI compute with Starlink to sidestep power constraints, but pre-revenue model faces FCC uncertainty and Amazon Kuiper competition.