Water access is now a risk factor in SpaceX’s IPO.
SpaceX has added new language to its IPO filing that warns prospective investors about the company’s access to a potentially scarce resource: water.
The company, which now includes Elon Musk’s AI company, xAI, wrote in an amended version of the filing on Monday that access to water — required to cool its data centers — is just as important as SpaceX’s ability to secure power, processors, and other critical resources.
The addition comes amid an ever-evolving debate about how much water data centers use, and whether that usage is contributing to localized droughts that are being made worse by climate change.
