The SpaceX IPO Should Help Rivian. Here's How.
Key takeaways
- In total, the company believes it is chasing an addressable market worth $28.5 trillion.
- With IPO proceeds totaling $86.7 billion, plus a possible $20 billion bond sale, SpaceX will aggressively invest in its AI business during the coming months and years.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
Ryan Vanzo, The Motley Fool Mon, June 22, 2026 at 5:50 PM GMT+7 4 min read SPCX NVDA RIVN After its record-breaking initial public offering (IPO), Space Exploration Technologies (NASDAQ: SPCX), known as Space X, is now primed to go on a spending spree. In total, the company believes it is chasing an addressable market worth $28.5 trillion. More than 90% of that value, however, is tied up exclusively in artificial intelligence (AI) opportunities, not rockets or satellites.
With IPO proceeds totaling $86.7 billion, plus a possible $20 billion bond sale, SpaceX will aggressively invest in its AI business during the coming months and years. Which AI opportunities in particular will SpaceX and its founder, Elon Musk, target?
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »