SpaceX reportedly set a new IPO record by raising $75 billion and ending its first trading day above a $2 trillion market capitalization. The article says investor enthusiasm is largely supported by Starlink, the company’s satellite internet business. It also highlights a major governance concern: Elon Musk controls more than 80% of voting rights, leaving outside shareholders with very limited influence.
QbitAI profiles SpaceX president and COO Gwynne Shotwell amid reported IPO and valuation momentum. The article credits her with helping secure NASA contracts, commercialize Falcon launches, improve Starlink economics, and stabilize relationships around Musk. It also frames SpaceX’s future around Starlink, Starship, edge AI infrastructure, and possible space data centers, though the piece is mainly a business and leadership story.