SpaceX is preparing for a historic IPO valued at $1.75 trillion, coinciding with Elon Musk's announcement of plans to launch up to 1 million AI data centers into orbit. In a recent interview, Musk showcased the specifications of the orbital data center, which will measure 20 meters in height and have a 70-meter wingspan, making it the largest satellite SpaceX has developed. The design is simpler than the existing Starlink satellites and will incorporate technology from SpaceX's satellite internet service. The solar panels powering these satellites will be manufactured at the new 'Gigasat' factory in Bastrop, Texas, which is currently under construction and expected to operate at a reasonable volume by the end of next year. Musk emphasized the advantages of orbital data centers, such as the ability to harness abundant solar energy while avoiding public opposition faced by terrestrial data centers. SpaceX's ambitious plans are supported by a total addressable market of $28.5 trillion, with AI representing $26.5 trillion of that figure. The AI data centers will utilize Nvidia GPUs and specialized chips from the upcoming Terafab semiconductor facility.