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SpaceX

SpaceX Is Already Below Its $135 IPO Price — What a $2 Trillion Valuation and 72x Sales Really Mean

SpaceX Is Already Below Its $135 IPO Price — What a $2 Trillion Valuation and 72x Sales Really Mean

Twenty-six days after the largest IPO in history, SpaceX closed at $148 — below its $135 offer price on a first-trade basis and under the $150 it opened at on June 12, 2026. Yet the company is still worth around $2 trillion, trades near 72 times this year'

AI Data Centers in Space: Why SpaceX Filed for 1 Million Satellites — and Whether the Physics Actually Works

AI Data Centers in Space: Why SpaceX Filed for 1 Million Satellites — and Whether the Physics Actually Works

The AI build-out has run into a wall it can't code around: power, land, and water. Earth's grid can't spin up gigawatts fast enough, communities are fighting new data centers over water use, and permitting takes years. So the frontier players are looking