SpaceX plans to raise $75B in its IPO

SpaceX plans to raise $75 billion in its IPO, which would be the largest ever, by offering 555.6 million shares at $135 per share, valuing the company at about $1.75 trillion. The company's primary revenue source is Starlink, but it is betting heavily on artificial intelligence and orbital data centers, citing a $26.5 trillion total addressable market for AI.