Goldman’s Waldron Says SpaceX Shows Investor Zeal for Funding AI

SpaceX’s record-setting initial public offering shows investors are eager to finance artificial intelligence infrastructure, according to Goldman Sachs Group Inc. President John Waldron.

“It shows you that the capital markets — led by the US capital markets, but the global capital markets — are demonstrating a willingness to finance this AI infrastructure build and this build in space,” Waldron said in an interview with Bloomberg TV on Friday. Waldron also pointed to Google parent Alphabet Inc.’s recent $84.75 billion equity raise to be spent on AI.

SpaceX, officially known as Space Exploration Technologies Corp., ...