SpaceX has filed an amended S-1/A registration, revealing plans to use its upcoming IPO shares as strategic currency for acquisitions and partnerships in AI, Web3, and orbital compute sectors. The company aims to raise up to $75 billion with a minimum valuation of $1.8 trillion, despite earlier targets exceeding $2 trillion. The IPO, set for June 12 under the ticker SPCX, will allow SpaceX to leverage public shares for transactions beyond fundraising. The filing highlights SpaceX's acquisition of Cursor, an AI coding assistant, to be paid entirely in Class A common stock, with Cursor's equity valued at $60 billion. This move underscores SpaceX's shift towards AI services and infrastructure, following its merger with xAI. Elon Musk will maintain significant control with 42% equity and 85% voting power. The IPO also reserves up to 5% of shares for a directed share program for employees and affiliates. SpaceX's strategic pivot positions it as more than a launch and satellite operator, with plans for collaborations with Tesla and Intel on orbital AI compute infrastructure. The company's focus on using equity for acquisitions signals potential partnerships with blockchain and AI projects, aligning with decentralized compute markets and tokenized financing opportunities.