SpaceX has set its IPO price target at $135 per share for a $75 billion valuation, according to Reuters. The offering would be one of the largest US IPOs on record, capitalizing on investor demand for space-infrastructure and satellite-internet businesses.
For enterprise infrastructure buyers, SpaceX's public status will unlock official partnerships around edge compute and satellite-backhaul for remote AI deployment. Expect accelerated Starlink enterprise uptake in offline-resilience and distributed-ML use cases.