SpaceX plans to kick off demonstrations of its orbital AI computing by late 2027. This from two attendees at recent investor presentations. President Gwynne Shotwell and CFO Bret Johnsen led these discussions, gearing up for company's IPO.
Executives laid out roadmap. It fits with SpaceX's growth strategy. Timeline for orbital data centers,initially pegged for 2028, now includes demo missions to test tech before commercial launch.
SpaceX seeks regulatory nod to launch up to 1 million satellites as space data centers. In its IPO documents, company claims it's "the only one with a commercially viable path to orbital AI compute at scale."
Shotwell and Johnsen are in talks with big investment banks to raise $75 billion. They're eyeing a $1.75 trillion valuation for the IPO. Initial deployments will be demo systems, proving tech before wider rollout.
But timeline might slip, especially with Starship rocket delays. Crucial for orbital computing plans. Starship has lagged behind CEO Elon Musk's bold schedule. Reusability still a hurdle .
Michael Monaghan,partner at Founder ETFs, says orbital data centers are challenging but less so than other Musk ventures. He’s optimistic SpaceX can hit its timelines.
Musk, in a recent video,said building orbital AI centers isn’t complex engineering-wise . Much tech already in Starlink satellites. First AI satellite to use Nvidia chips,matching Nvidia GB300 rack power.
As IPO nears, SpaceX stock to trade on Nasdaq under SPCX. Initial share price: $135. Company silent on investor meetings despite queries from investors and portfolio managers…
