SpaceX, IPO
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SpaceX is planning to raise tens of billions of dollars through an initial public offering next year, multiple outlets have reported, and Ars can confirm. This represents a major change in thinking from the world’s leading space company and its founder, Elon Musk.
The company is looking to raise $30 billion, which would make it the biggest IPO ever, just ahead of Saudi Aramco's in 2019.
Unlike earlier in the week, today's rocket launch will not startle anyone on the Space Coast with sonic booms. The rocket's first stage booster will target a landing on the A Shortfall of Gravitas drone ship stationed in the Atlantic Ocean.
The boom in AI could find a new home in orbit, at least if three of the world's richest men find a way to make it work.
Many tech billionaires, including Musk, fall squarely into the “proponents” category. With a blockbuster IPO on the horizon and Musk’s forecast that SpaceX’s newest rocket will start launching Starlink V3 satellites in 2026 as well, the company does appear uniquely well-positioned to lay the groundwork for orbital server farms.
Eleven years after Musk promised an $85 million investment, SpaceX has surpassed that goal by about 16,000%. The company has had a $13 billion economic impact and created more than 24,000 jobs, according to a Cameron County report. But those figures came from SpaceX, and neither the county nor the company provided data to substantiate the claims.
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SpaceX launches Starlink satellites from California on 160th Falcon 9 flight of the year (video)
The launch of a new batch of SpaceX Starlink satellites lit up the predawn sky in southern California today (Dec. 10) as the company marked its 160th flight of a Falcon 9 rocket this year. Lifting off at 6:40 a.
SpaceX sent up its second launch in less than 24 hours on the Space Coast on Dec. 9, while also bringing home its booster for the last time on a landing zone it has been leasing for the last 10 years.