SpaceX seeks federal approval to launch 1 million solar-powered satellite data centers
SpaceX’s filing claims these satellites will be “a first step towards becoming a Kardashev II-level civilization — one that can harness the Sun’s full power.”
SpaceX
SpaceX wants to put 1 million solar-powered data centers into orbit
SpaceX filed a request with the FCC on Friday seeking approval to put a constellation of 1 million data center satellites into orbit. While the FCC is unlikely to approve a network that expansive, SpaceX’s strategy has been to request approval for unrealistically large numbers of satellites as a starting point for negotiations. The filing […]
SpaceX’s IPO could open the floodgates — and secondaries are booming in the meantime
To unpack what SpaceX’s IPO chatter means, how private liquidity works before a debut, and what investors are looking for in today’s pre-IPO giants, we spoke with Greg Martin, managing director at Rainmaker Securities, a broker-dealer specializing in secondary share transactions for late-stage private companies.
Uber is literally in the driver’s seat when it comes to AV bets
Self-driving truck startup Waabi’s billion-dollar fundraise isn’t just about trucks. The deal, for $750 million up front plus another $250 million from Uber tied to deployment milestones, marks a major expansion into robotaxis for the company founded by former Uber AI chief Raquel Urtasun. It also feels like another chip from Uber on the autonomous vehicle roulette table. With more […]
Elon Musk’s SpaceX, Tesla, and xAI in talks to merge, according to reports
This merger would bring the Grok chatbot, Starlink satellites, and SpaceX rockets together under one corporation.
Elon Musk’s SpaceX and xAI might merge into one company
SpaceX and xAI, which are both led by Elon Musk, are “in discussions to merge” ahead of SpaceX’s IPO that’s planned for later this year, Reuters reports. The merger would help with SpaceX’s plans to launch data centers into space, according to the publication. The specific timing and value of the potential merger are unclear. […]
SpaceX is coming to the public markets, and secondaries are already on fire
paceX is reportedly lining up four major Wall Street banks for a 2026 IPO that could provide the reset the market needs. The company just completed a tender offer at an $800 billion valuation, and secondary market demand is through the roof. If SpaceX goes public anywhere near its rumored $1.5 trillion valuation, it could trigger an IPO cascade for other late-stage unicorns like OpenAI, Stripe, and Databricks. Watch as Equity host Rebecca Bellan […]
