Bloomberg Tech SpaceX Could File an IPO By End of the Week
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Mar 25, 2026 Ilya Fushman, Partner at Kleiner Perkins who leads AI and frontier tech investments, joins to discuss big moves in AI funding and venture strategy. Conversation covers SpaceX’s potential IPO filing and why space stocks popped. Also covers Arm selling its first chip with Meta as a key customer and the firm’s $3.5B raise to back AI startups.
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SpaceX IPO Could Break All Records
- SpaceX's IPO could be the largest ever, potentially valuing the company around $1.75–$2 trillion and raising roughly $75 billion via a June offering.
- Bloomberg reporting notes a prior private valuation of $1.25 trillion after the SpaceX AI merger and wide institutional backing including Google and Fidelity.
Arm Is Selling Its Own AI CPU With Meta
- Arm is moving from IP licensing into selling physical CPUs, launching the ARM AGI CPU with Meta as lead partner and shipments starting at year-end.
- CEO René Haas says revenue from this product will begin showing in 2026 and cites a potential $100 billion market opportunity by 2030 for general-purpose CPUs.
Data Center Concentration Creates Local Strain
- Virginia hosts ~70% of global internet traffic through dense data center clusters, creating local energy and property impacts despite limited job creation.
- Representative Suha Subramanian warns the concentration strains grids and could become a national security risk, urging geographic dispersal and community buy-in.