SpaceX's IPO and orbital ambitions may signal a new era for space-based computing
SpaceX went public on June 12, 2026, with a valuation of $1.75 trillion to $2 trillion, raising approximately $75 billion. The company plans to deploy orbital data centers backed by a constellation of up to one million satellites by 2028.
Sequoia’s current stake #
Sequoia Capital has invested approximately $1.2 billion to $2 billion in SpaceX since 2019, with its pre-IPO stake now valued between $12 billion and $20 billion. Shaun Maguire of Sequoia compared SpaceX to Nvidia, emphasizing projected revenue growth through Starlink’s satellite services and AI compute capabilities. Maguire has expressed commitment to holding shares indefinitely.
New frontiers and new challengers #
SpaceX filed FCC applications for its satellite constellation in January 2026. Starship technology is pivotal in significantly reducing the cost of launching satellites for compute purposes. AI firms, including Anthropic, have shown interest in SpaceX’s orbital data center capabilities.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our