SpaceX Enters Neocloud Operations, Boosting Valuation Expectations for Itself and Partners
Following its IPO in June 2026, SpaceX's stock surged over 62%, pushing the company’s valuation to $2.04 trillion temporarily surpassing Amazon and Microsoft. The growth is attributed to its new neocloud business model, which has raised expectations for long-term revenue streams and increased demand from partners like Nvidia and Intel.
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Topics: IPO performance neocloud operations space industry valuation surge