SpaceX's $2.4 trillion post-IPO valuation is driven by plans to deploy orbital AI data centers, targeting 100 gigawatts of space-based compute annually.

SpaceX's $2.4 trillion post-IPO valuation is driven by plans to deploy orbital AI data centers, targeting 100 gigawatts of space-based compute annually.

SpaceX's massive market debut, reaching a $2 trillion valuation, is largely fuelled by AI ambitions, according to valuation expert Aswath Damodaran. While Starlink contributes…