SpaceX’s IPO Is a Wild Bet on the Gnarly Physical Future of AI
SpaceX’s IPO filing this week wasn’t about rockets. Or Starlink. Wall Street already understands those businesses. Launches are booming. Satellite internet is scaling profitably. Those stories are mature enough to model in spreadsheets. The real pitch — the thing meant to justify the next decade of valuation growth — is something far stranger: orbital AI … Read more