SpaceX IPO Warning: Elon Musk’s Space AI Data Center Business Viability Is in Doubt
According to a Reuters report on April 22, in a draft of its S-1 registration statement to be filed soon, SpaceX issued a warning to potential investors, saying that its plans to develop space-based AI data centers and to industrialize the Moon and interplanetary space are “still in an early stage, involve significant technical complexity and unproven technology, and may not achieve commercial viability,” sharply contrasting with the optimistic attitude its CEO, Musk, has publicly expressed this year.