‘Infrastructure Of The Future’: $75B SpaceX IPO To Fuel Data Center Expansion On Land And In Orbit
While SpaceX founder Elon Musk’s long-term goal is to make Mars a new real estate frontier, the company’s record-breaking initial public offering Friday had more implications for data centers, both terrestrial and in Earth’s orbit.
The company raised $75B with the IPO, giving it a valuation of around $1.7T. This massive influx of funds could allow SpaceX to further expand its sprawling nationwide real estate portfolio. Musk also aims to revolutionize the data center sector.
