According to a new FCC filing…
SpaceX wants to launch a constellation of 1 million satellites.
The goal is to capture energy for powering AI data centers.
Here’s how to invest in SpaceX before it goes public.
The FCC filing came one day after Reuters reported that SpaceX and xAI are discussing a merger ahead of the IPO.
That merger would supercharge Musk’s push to move data centers off Earth, right as the AI race heats up against Google, Meta and OpenAI.
It’s no secret the AI industry runs on data centers…
And that they consume a staggering amount of electricity.
SpaceX’s filing explains the advantage of its orbital approach:
“By directly harnessing near-constant solar power with little operating or maintenance costs, these satellites will achieve transformative cost and energy efficiency while significantly reducing the environmental impact associated with terrestrial data centers.”
For this to happen, SpaceX relies on the dramatic cost reductions from Starship, its rocket designed to be 100% reusable.
And the company is slowly but surely achieving that goal.
That’s why no other company is so well positioned to implement this new plan of AI data centers in space.
SpaceX wants to raise $30 billion for SpaceX by going public.
And one of the main goals of this is funding this new project.
Here’s how you can invest in SpaceX today.
Ian Wyatt