On July 19, following the largest IPO in history, SpaceX shifted its core narrative for investors towards artificial intelligence rather than its rocket business. After acquiring Elon Musk's xAI, Grok large models, and two of the world's top computing data centers, SpaceX indicated to investors that over 90% of the company's future market growth will come from its AI business, not the aerospace sector. The company has adopted a vertically integrated strategy across the entire industry chain: independently controlling rocket launches, computing data centers, and the entire AI chain. Currently, its computing resources are being leased to external clients, including companies like Anthropic, Google, and Reflection AI. ARK estimates that after scaling operations, the cost of space launches could drop to under $100 per kilogram; the construction cost of in-orbit data centers is 25% lower than that of ground-based data centers, and they can continuously receive sunlight, resulting in nearly zero energy costs.