Elon Musk's SpaceX could one day move to buy US chip giant Intel for around $1 trillion after its June IPO, according to a bullish new market analysis from New York that argues the rocket company may need control of its own semiconductor supply to keep pace in the global artificial intelligence race.
The prediction comes from 24/7 Wall St, which sketches out a scenario in which SpaceX, fresh from a stock market debut targeting a valuation of about $1.75 trillion, uses its new financial firepower to secure chip-making capacity on a scale that could reshape both the space and semiconductor industries. No takeover talks have been announced by either company, there is no regulatory filing suggesting a deal and the $1 trillion figure remains purely speculative.
