SpaceX IPO set to lift industry in push for space-based AI computing, solar power: report (opens in new tab)  ⚡Power Electronics  Content type: News

SpaceX’s planned mega-listing on Friday is expected to add momentum to the global satellite industry, as Elon Musk’s rocket and connectivity giant pushes beyond satellite broadband into direct-to-cell services and space-based solar power and artificial intelligence (AI) computing, according to a report released on Monday. TrendForce, a Taiwan-based market research consulting firm, expects the global satellite industry to grow at an annual rate of about 14 per cent, reaching US$447 billion by...