CBS News
US · 4 hrs ago
✦ 75◉ Centre
New details on SpaceX IPO, amendment to filing listing water access as risk factor
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Quality 75/100
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SpaceX has amended its IPO filing to include water access as a risk factor as it prepares for a major public market debut, citing concerns about water availability for expanded data center operations.
New details on SpaceX IPO, amendment to filing listing water access as risk factor
SpaceX is going public this month, and it could be the largest-ever stock market debut. As it plans this move, SpaceX has amended the language in its IPO filing to address the company's growing need for water, particularly to expand its data centers. CBS News' Kelly O'Grady reports, and University of California, Riverside, associate professor Shaolei Ren joins to discuss.
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