SpaceX stock market debut: record IPO for Musk’s space empire

The financial operation aims to raise the record sum of 75 billion dollars, based on an overall valuation of the company estimated at around 1,750 billion. The corporate structure outlined in the document grants Elon Musk control of 85% of the voting rights through special shares. However, the information prospectus highlights various risk factors for investors, linked in particular to the high level of debt and the uncertainty of markets that still do not exist or are being defined, such as interplanetary transport and industrial activities on the Moon. Among the elements of economic stability, the agreement with Anthropic for the supply of computing power stands out, which will guarantee SpaceXAI revenues of 1.25 billion dollars per month until May 2029.

The growth strategy presented to the market leverages the integration between space logistics and advanced technological infrastructure. SpaceX aims to create computer centers directly in space, using the fleet of Starship rockets to place servers in orbit. The company has already requested authorization from the Federal Communications Commission to launch one million satellites dedicated to data centers, estimating that the potential long-term addressable market could reach $28.5 trillion, driven predominantly by enterprise applications of artificial intelligence and global connectivity services.