IPO, SpaceX
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SpaceX, Starship and Flight
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AI demand is fueling the prospect of launching data center satellites into space.
By Echo Wang and Anirban Sen NEW YORK, May 15 (Reuters) - Elon Musk's rocket and satellite maker SpaceX is aiming to list its shares as early as June 12 and has picked the Nasdaq as the trading venue for its blockbuster market debut,
Starship, the world's largest rocket, is about to get even bigger. On May 19, Elon Musk's SpaceX is due to launch the largest rocket its ever built.
A majority of SpaceX shareholders have approved a 5-for-1 stock split recommended by the company’s board of directors, according to a Bloomberg News report citing people familiar with the matter.
SpaceX has been hit with another lawsuit over worker safety issues at one of its Texas facilities, this time at the McGregor test site outside of Waco.
While Elon Musk stunned the world with plans to launch a million satellites into orbit, the heads of space agencies planet-wide are certain to oppose this SpaceX scheme.
NuScale Power will benefit from the SpaceX IPO. There's a major problem looming that few investors are aware of: the AI industry's desperate need for new energy s