The sky above our heads is about to get way more cluttered with space junk than it already is. Increasing risk of collisions, atmospheric contamination, and runaway doomsday scenario called Kesler syndrome that could put humanity's ability to operate in space at risk. Elon Musk just got the green light to double the number of Starlink satellites currently in orbit and to have them operate closer to Earth than ever before. He's even started pushing the idea of building AI data centers in space. And he's not ...

Deployment of 28 @Starlink satellites confirmed ...

BREAKING: Elon Musk confirms Starship will launch over 10,000 Starlink satellites per year. 🚀Scale is about to increase dramatically. https://t.co/a3vVgotiFD ...

Core Viewpoint - SpaceX has acquired xAI in the largest M&A transaction in history, creating a combined value of $250 billion for xAI and $1 trillion for SpaceX, which is expected to significantly impact the space and AI industries [1][2]. Company Overview - SpaceX is one of the only profitable space companies, reporting $8 billion in profit on $15.5 billion in revenue last year [3]. - The company has seen a dramatic increase in space launches, from 102 in 2019 to 324 in 2025, indicating aggressive growth [3]. Investment Opportunity - Destiny Tech100 (NYSE:DXYZ) is positioned to benefit from the upcoming SpaceX IPO, as it provides access to shares in private tech companies typically available only to venture capitalists [5]. - DXYZ holds a significant portion of SpaceX, constituting 23-35% of the fund, making it sensitive to SpaceX-related news [6]. - The stock is currently trading at a 52% discount to its December 2024 highs, with potential for significant appreciation as hype builds around the IPO [7]. Market Impact - The SpaceX IPO is expected to re-rate the entire space industry, potentially leading to a valuation of $1.6 trillion based on a 200x earnings premium on 2025 profits [8]. - A successful SpaceX IPO could serve as a benchmark for other space stocks, which may also experience multibagger gains [9]. Strategic Considerations - While DXYZ is expected to gain from the SpaceX debut, it is advised to take profits before the IPO, as the fund may lose its purpose post-IPO [10][11]. - Standard IPO lock-up periods will apply, limiting the fund's ability to monetize gains immediately [11].

Core Insights - Tesla and SpaceX are speculated to merge, potentially easing SpaceX's IPO process by leveraging Tesla's market presence [2] - SpaceX has acquired xAI in a $250 billion all-stock deal, raising questions about further consolidation of Musk's companies [3] - The merger aims to create a vertically integrated entity combining SpaceX's space technology with xAI's AI capabilities [4] Company Valuation - The combined entity is valued at $1.25 trillion, with SpaceX valued at $1 trillion and xAI at $250 billion prior to the merger [5] Strategic Goals - SpaceX plans to deploy a million-satellite constellation for orbital data centers, targeting an initial AI compute capacity of 100 gigawatts, scaling to one terawatt annually [5][8] - The merger supports Musk's vision of lunar bases and Mars settlements, positioning the company for broader expansion [5] Challenges - Significant challenges include the need for large radiators for cooling in space and the impact of cosmic radiation on electronics, which complicates the deployment of space-based AI [6] - Current launch costs remain high at $2,000 to $2,500 per kilogram, with a need for drastic reductions to make space data centers viable [7] - Musk believes costs could drop to $200 per kilogram within two to three years, enabling competitive space-based AI computing [7]

During today’s Falcon 9 launch of @Starlink satellites, the second stage experienced an off-nominal condition during preparation for the deorbit burn. The vehicle then performed as designed to successfully passivate the stage. The first two MVac burns were nominal and safely deployed all 25 @Starlink satellites to their intended orbit.Teams are reviewing data to determine root cause and corrective actions before returning to flight ...

RT Sawyer Merritt (@SawyerMerritt)BREAKING: SpaceX and xAI have just formerly announced that they are merging.Full statement from Elon Musk: "SpaceX has acquired xAI to form the most ambitious, vertically-integrated innovation engine on (and off) Earth, with AI, rockets, space-based internet, direct-to-mobile device communications and the world’s foremost real-time information and free speech platform. This marks not just the next chapter, but the next book in SpaceX and xAI's mission: scaling to make a sen ...

Group 1 - SpaceX has acquired Elon Musk's AI startup xAI, aiming to unify Musk's AI and space ambitions [1][2] - The merger represents a high-profit pairing in Silicon Valley, combining a space contractor with an evolving AI developer [1] - The deal is part of Musk's strategy to integrate AI efforts with aerospace and satellite internet operations, potentially enhancing AI development and supporting future space-based data centers [2] Group 2 - Discussions for the merger were ongoing ahead of a significant public offering planned for later this year [3] - The combined entity is expected to price shares at approximately $527 each, with a projected valuation of $1.25 trillion [3]

Watch Falcon 9 launch 29 @Starlink satellites to orbit from Florida https://t.co/GXUP5HpZbQ ...

Group 1 - SpaceX is considering a potential merger with Tesla and an alternative combination with xAI, as reported by Bloomberg News [1] - Tesla's shares increased by 3% following the news of the potential merger discussions [1] - SpaceX and xAI are in talks to merge ahead of a significant public offering planned for later this year, aiming to consolidate Musk's various ventures under one umbrella [2][4] Group 2 - The feasibility of a merger between SpaceX and Tesla has been discussed, with some investors advocating for this idea [3][6] - A potential deal could attract significant interest from infrastructure funds and Middle Eastern sovereign investors [3]