SpaceX to Raise $75 Billion|Rewire Evening News Update
SpaceX has filed for a $750 billion IPO, targeting a $1.75 trillion valuation—the largest in history, surpassing the combined U.S. IPO totals for 2024 and 2025. The offering, underwritten by Morgan Stanley and Goldman Sachs, is set for June.
In AI infrastructure news, Starcloud raised $170M to deploy orbital data centers with H100 GPUs, while Mistral borrowed $830M to build a Paris data center. Meanwhile, the U.S. faces power constraints, with 7.5GW of wind projects frozen by military reviews.
Palantir is deepening its U.S. government ties, working with the IRS to build AI tools for audit targeting and a unified data system, raising privacy concerns.
In Iran, tensions escalate as Trump administration rhetoric shifts toward resource control, with military movements reported and oil prices surging.
Other updates include DeepSeek’s major outage, Dell’s $25B AI infrastructure growth, and the successful IPO of Chinese robotics firm Huayan. Ethereum Foundation also made a large ETH stake, signaling a strategic shift.
marsbit03/30 19:02