The Guardian AI·
Investors will buy into the market-leading tech and cult of Musk despite a price that is defying gravity “Our mission,” says the opening sentence of SpaceX’s listing document with a straight face, “is to build the systems and technologies necessary to make life multi-planetary, to understand the true nature of the universe, and to extend the light of consciousness to the stars.” The last bit has an echo of the laughable WeWork, which was going to “elevate the world’s consciousness” via the medium of shared office spaces. But, yes, if SpaceX could tick off all the items on Elon Musk’s to-do list, one could make a case that the company should be valued at $1.77tn. Continue reading...
Read full articleAI funding soars as top companies capture the lion's share, reshaping the tech investment landscape. The post Thomas Laffont: Unicorn valuations up 70% since September 2024, AI funding per unicorn has increased fivefold, and SpaceX’s valuation is tied to launch cadence | All-In Podcast appeared first on Crypto Briefing.
SpaceX's ambitious IPO could reshape market dynamics, but high valuation and profitability challenges pose significant risks for investors. The post SpaceX pitches investors $1.8T valuation for historic IPO appeared first on Crypto Briefing.
SpaceX's projected AI revenue growth could significantly enhance its market influence, potentially reshaping the aerospace sector's dynamics. The post Goldman projects SpaceX AI revenue to hit $322B by 2030, boosting IPO valuation appeared first on Crypto Briefing.
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Gwynne Shotwell, the president and chief operating officer, is the adult-in-the-room foil to Mr. Musk as SpaceX prepares for a blockbuster initial public offering.
Coinbase's SpaceX pre-IPO perp runs on USDC and auto-converts after IPO, joining a wave of exchanges including Binance, Hyperliquid, Crypto.com.
