(Bloomberg) -- SpaceX is moving ahead with plans for an initial public offering that would seek to raise significantly more than $30 billion, people familiar with the matter said, in a transaction that would make it the biggest listing of all time. The Elon Musk-led company is targeting a valuation of about $1.5 trillion for the entire company, which would leave SpaceX near the market value that Saudi Aramco established during its record 2019 listing. The oil major raised $29 billion at the time.  SpaceX’s ...

Why we should train AI in space © Lumen Orbit, Inc., White Paper v1.01, September 2024 Ezra Feilden PhD, Adi Oltean, Philip Johnston Introduction To keep pace with AI development, vast new data centers and many gigawatts of new energy projects to power them will need to be deployed around the world. At the same time, electrical utilities are being hit by a tidal wave of new demand from the electrification of industry, transport, and heating. Electricity demand may triple in the coming years as a result 1 , ...