SpaceX IPO values company on AI potential

SpaceX has officially become a public company, trading on the Nasdaq and achieving a valuation close to $1.8 trillion. While many associate SpaceX with space exploration, its recent S-1 filing reveals that the company's primary perceived value lies in its artificial intelligence services, particularly from orbital data centers. This strategic shift means investors are now focused on AI-driven revenue streams, potentially overshadowing its historical reliance on NASA contracts and its role in lunar missions like Artemis. The company's future success will likely hinge on its ability to capitalize on the burgeoning AI market, a significant departure from its space-centric origins.