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The SpaceX IPO Is Days Away. Here's How to Prepare.

The Motley Fool·
The SpaceX IPO Is Days Away. Here's How to Prepare.

SpaceX is set to go public on June 12 at a $1.77 trillion valuation, raising up to $75 billion. While the company's rocket and Starlink businesses are impressive, investors should focus their due diligence on SpaceX's AI division, which accounts for $26.5 trillion of its $28.5 trillion claimed total addressable market. Analyst opinions on the AI prospects vary significantly, with Goldman Sachs projecting strong growth but others skeptical. The company's capital expenditure needs are expected to surge dramatically from $20 billion currently to over $700 billion by 2031, primarily for AI development.

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