Cori Driebusch

There is this sense of urgency right now.

Our reporting shows that he's become a bit obsessed with the idea of being the first to put these data centers in space.

SpaceX has been a private company for over two decades.

And what really has sparked it all ties back to this boom in AI.

There's been this rush to build lots of data centers for AI computing.

For several years, there's been some talk in certain circles about what if we just put these data centers into space?

That way we don't have to worry about licensing or land or the pollution that might happen on Earth.

So that idea prompted, as you can imagine, a lot of skepticism from engineers given the technical challenges.

But it has continued to gain traction.

And in the past year, SpaceX was able to make some progress in figuring out the logistical and technical workings.

So that

sort of sparked this idea, we should go public sooner.

This is going to be very expensive.

The easiest way to do this is to raise a lot of money in a public stock offering.

They started interviewing banks to underwrite this public offering starting in December.

So we know that they have been setting up the groundwork to launch an offering.

There is this sense of urgency right now.

Not only do we have

SpaceX that is looking at a 2026 stock offering.

We've also hearing that OpenAI and Anthropic, two large AI companies, are eyeing potentially 2026 IPOs.