Did you read this WSJ article?

Did you see yesterday’s Wall Street Journal?

The paper explains why Elon Musk is racing to take SpaceX public. It’s because he’s planning to launch space-based data centers later this year.

I’m hosting a Zoom call to share details – here’s the link.

SpaceX is going to need a lot of cash.

Estimates suggest that the company could raise over $30b in an initial public offering. That capital could be used to expand the company’s existing rocket launch capacity.

Additionally, it would allow Elon’s company to develop new AI data center satellites. These satellites would have Nvidia GPUs on board and be powered by solar panels.

It’s a bold plan that’s quickly attracting support from some of the biggest companies involved with artificial intelligence – including Nvidia, Google and OpenAI.

The WSJ says that Elon wants the stock to be trading by July. That’s why the company is currently meeting with investment bankers and rushing to move forward.

I’m personally buying a stake in SpaceX now.

You can get details here.

Please let me know if you have questions.

Ian