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The rocket maker’s IPO filing outlines billions in AI spending, Starship development, and Elon Musk’s effort to combine launch systems, satellite internet, social media, and artificial intelligence under one company.
Rocket Lab Surges as Musk Revives SpaceX Listing Plans
EchoStar has emerged as one of the leading plays on SpaceX since the company got a 2%-plus stake in Elon Musk’s company in return for some of EchoStar’s spectrum. The IPO could value SpaceX at $1.5 trillion to $2 trillion, making it one of the more valuable companies in the world. EchoStar stock has doubled since the initial spectrum deal in September and finished Monday at $136.45, down 0.5% on the session.
These companies own or plan to own a respectable stake in SpaceX.
