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The three hard-tech moonshots fueling SpaceX’s unbelievable IPO

TechCrunch AI06/10 22:48AI infrastructure · AI 算力基础设施跟踪
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Most of the value in SpaceX's IPO is effectively a call option on the company's ambitious space data center plans.

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There are lots of reasons to be skeptical of the investment — big IPOs tend to sink, the company is losing money, and Musk’s erratic online behavior would be terrifying coming from any other tech CEO — but it doesn’t seem to be slowing anyone down. Tech investors have learned to never bet against Elon, whatever the business logic indicates. But a dispassionate look at SpaceX’s financial plans can still tell us a lot

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