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SpaceX is pitching investors on a vertically integrated AI strategy spanning chips, data centers and even compute satellites in orbit, bankrolled by Starlink’s profits.
SpaceX IPO sold 555.6 million shares at a fixed $135, nearly tripling the prior record as heavy demand bets on Musk despite steep losses and no path to profit.
SpaceX has released its most detailed look yet at a planned orbital AI data center satellite, unveiling a 70-meter-wingspan structure during the same week the company is pitching investors on a $1.75 trillion public listing.
OpenAI has submitted a confidential S-1 filing with the SEC, joining Anthropic and SpaceX in a rare simultaneous push toward public markets by three of the most valuable private companies in the AI sector.
Goldman Sachs is projecting SpaceX’s AI revenues will grow roughly 100 times by 2030 – from $3.2 billion to $322 billion annually – figures the bank is using to anchor a $1.78 trillion IPO valuation for the company it is simultaneously leading to market.
SpaceX is a space, satellite connectivity, and AI company that acquired xAI effective February 2, 2026, bringing Grok, X, and AI infrastructure under SpaceX.
Anthropic has confidentially filed for an initial public offering, positioning itself for one of the most closely watched AI listings in history.
Morningstar has valued SpaceX at $780 billion, far below the company’s reported $1.75 trillion IPO target. The research firm cited uncertainty around SpaceX’s AI business, Starlink’s long-term prospects, and unproven technologies.
Anthropic is projected to generate $10.9 billion in Q2 revenue, potentially marking its first profitable quarter.
OpenAI is preparing to confidentially file for an IPO that could become one of the largest public offerings in history.
A U.S. jury ruled in favor of OpenAI in Elon Musk’s lawsuit accusing the company of abandoning its nonprofit mission. The verdict removes a major obstacle to OpenAI’s potential IPO plans while intensifying the rivalry between Musk and Sam Altman.
Cursor has released Composer 2.5, an upgraded AI coding model built on Moonshot’s Kimi K2.5 checkpoint. The company says the model improves long-running coding workflows, instruction following, and reinforcement learning techniques for software engineering tasks.
xAI has launched Grok Build, a coding agent and command-line tool aimed at professional software development workflows. The early beta release targets competitors such as Anthropic’s Claude Code as xAI pushes deeper into the AI coding market.
More than 50 researchers and engineers have reportedly left Elon Musk’s SpaceXAI since February following the merger of SpaceX and xAI.
Google is reportedly in talks with SpaceX and other launch providers as it explores deploying orbital data centers under its Project Suncatcher initiative. The discussions reflect growing interest in space-based AI infrastructure and computing capacity.