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Elon Musk once swore SpaceX would stay private until humans reached Mars.
SpaceX merged with xAI in February, citing plans for AI data centers in space.
KEY POINTS
- Prospective SpaceX IPO bankers and lawyers must sign up for Grok accounts to participate.
- xAI generated about $100 million in revenue last quarter, far less than OpenAI's $2 billion monthly.
- EchoStar holds a SpaceX stake valued at $11.1 billion, serving as a pre-IPO investment vehicle.
COMPANIES
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