The firm is expected to price the shares at $526.59 each, according to people familiar with the matter, asking not to be identified as the information isn’t public. In explaining the rationale for the deal, Musk said in the statement that the least expensive way to do AI computations within two to three years will be in space. The company, the only American one that can routinely send astronauts to and from the International Space Station, is a key rocket-launch provider for both NASA and the US Department of Defence, which the White House has moved to rename the Department of War.
Author: Loren Grush and Ed Ludlow
Published at: 2026-02-02 23:12:26
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