# Cathie Wood: SpaceX IPO Shifted by Orbital AI

> SpaceX's IPO shift to fund orbital AI data centers sparks debate.
- Title: Cathie Wood: SpaceX IPO Shifted by Orbital AI · Yahoo Finance
- Summary: SpaceX's IPO shift to fund orbital AI data centers sparks debate. SpaceX went public to fund AI infrastructure after Elon Musk's orbital data center push.
- Keywords: cathie wood, spacex, elon musk, starlink, ai data centers, ark invest, xai, musk xai, orbital computing, project natick, kalshi, spacex ipo
- Source: Yahoo Finance — https://finance.yahoo.com/markets/stocks/articles/cathie-wood-says-spacex-didnt-162709450.html
- Published: 2026-09-16T16:27:09+00:00
- Read time: 1 min
- Topics: cathie wood, spacex, elon musk, starlink, ai data centers, ark invest, xai, musk xai, orbital computing, project natick, kalshi, spacex ipo
## Cathie Wood's View
Cathie Wood says SpaceX had no public market need until orbital data centers.

> I never thought SpaceX would go public
## Elon Musk's Shift
Elon Musk pushed into orbital AI data centers, changing SpaceX's capital needs.

> He needs so much capital
## Starlink's Cash Flow
Starlink generated $4.42 billion operating income in 2025.
## AI Business Losses
SpaceX's AI business lost $6.36 billion in 2025.
## AI Capital Spending
SpaceX spent $15.83 billion on AI infrastructure in Q2 2026.
## Orbital Data Center Challenge
Orbital computing faces high costs and scaling hurdles for AI data centers.
## Key takeaway

SpaceX went public to fund AI infrastructure after Elon Musk's orbital data center push.