What Happened
Elon Musk's Next Act Targets Enterprise Artificial Intelligence
SpaceX, led by Elon Musk, is setting its sights on a new frontier: artificial intelligence for the enterprise. According to a recent S-1 filing, the company estimates a total addressable market of $28.5 trillion, with over 90% of that coming from AI. SpaceX plans to go public this summer, targeting a valuation of $1.75 trillion, as reported by Reuters.