U.S. firm SpaceX expects to use funds from its planned $25 billion blockbuster IPO this year to develop orbital AI data centres in response to terrestrial energy constraints. SpaceX plans to launch solar‑powered AI data center satellites within the next two to three years, Musk said at the World Economic Forum in Davos, Switzerland, last week. CASC has vowed to transform China into a "world-leading space power" by 2045. The new institution signals China's ambitions to strategically transition from near-Earth orbit operations to deep space exploration. Original innovation in basic research and technological breakthroughs will reshape the pattern of deep space exploration," Xinhua wrote on the inauguration.