What is SpaceX

SpaceX is a private aerospace company that, as of mid-2026, is discussed primarily in the context of its potential IPO, its GPU rental business, and its role in AI infrastructure. The material tracks its valuation, launch cost reductions, and plans for scaling compute capacity.

• Apr 2026 - Moez Kassam said that on a SpaceX deal, Elon Musk is calling all the shots, with no banker allowing an early unlock.
• May 2026 - Andy Constan said there will be three IPOs including SpaceX, which he expects to be as large as the entire proceeds from 400 IPOs in the late 1990s.
• May 2026 - Eric Balchunas said NASDAQ offered SpaceX inclusion in a deal if it goes public on their exchange.
• Jun 2026 - Nathaniel Whittemore said GPU rentals are SpaceX’s biggest business, and that after 2027, Musk said SpaceX will attempt to scale capacity by an order of magnitude each year, eventually reaching a terawatt.
• Jun 2026 - Tom Mueller said a change would cut SpaceX’s launch cost by a third.
• Jun 2026 - Gavin Baker forecast that SpaceX, Anthropic, and OpenAI will add another trillion dollars of revenue over the next four to five years.