SpaceX to Acquire Frequency Spectrum and Discusses Enterprise Valuation
SPCX Space Exploration Technologies Corp
$162.57 +1.25%
View chart & analysis → - 1SpaceX has agreed to purchase Grain Management's nationwide 800 MHz spectrum.
- 2Elon Musk stated that SpaceX's value could be several orders of magnitude higher than the $118 trillion global economy based on World Bank data.
- 3SpaceX is considering raising $40 billion in debt to purchase AI chips.
So what's the key point?
SpaceX has decided to buy frequency spectrum used for communications. Elon Musk mentioned that the company's value could be extremely high and is also considering borrowing $40 billion to buy artificial intelligence chips.
Source TIKR +1 · View original ↗
Today's 5 AI picks, all freeNothing hidden: past picks and how they did against the S&P 500.