Search
US space exploration technology company SpaceX plans to go public on Nasdaq next week, aiming to raise $75 billion in what is expected to be the world's largest initial public offering. As the lead underwriter, US-based Goldman Sachs Group pointed out that SpaceX's valuation of approximately $1.75 trillion is not only due to its rocket and satellite internet businesses but also because the market is optimistic about the explosive growth potential of its artificial intelligence division, xAI. Goldman Sachs predicts that xAI's revenue will surge from about $3.2 billion in 2025 to approximately $322 billion in 2030, marking a 100-fold increase over five years and becoming SpaceX's largest revenue source by then. In comparison, the Starlink business is expected to generate $144 billion in revenue by 2030, while the rocket business is projected to reach $8.3 billion.
-
C114 Communication Network -
Communication Home
