SpaceX Could Buy $90 Billion Nokia as $75 Billion IPO Fuels Sovereign AI Push
Updated
Updated · The Motley Fool · Jun 7
SpaceX Could Buy $90 Billion Nokia as $75 Billion IPO Fuels Sovereign AI Push
3 articles · Updated · The Motley Fool · Jun 7
Summary
$135 a share for 555.6 million shares would raise SpaceX about $75 billion, giving it firepower for acquisitions as it prepares its IPO.
Nokia is framed as the next logical target because its AI-RAN business would add terrestrial network infrastructure to SpaceX's existing stack of Starlink, xAI, Nvidia-backed compute and Terafab chip plans.
$1 billion from Nvidia into Nokia last October strengthens the industrial logic: Nvidia supplies AI chips, Nokia provides radio access gear and SpaceX controls connectivity from orbit to the edge.
At roughly $90 billion in market value, Nokia would likely require a cash-and-stock offer, making any deal a bet that SpaceX wants to own the full sovereign AI network rather than remain mainly a space company.