Taking into account the company's special voting arrangements and Xu Ming's direct and indirect shareholding, Xu Ming controls a total of 72.87% of the company's voting rights.
According to the calculation of Hubei Changjiang Aerospace Industry Investment Fund Partnership Enterprise (Limited Partnership) holding 6.9816% equity of Aerospace Science and Technology Corporation Rocket, the investment amount of Changjiang Capital and Wuhan Investment Holding Group this time exceeds 300 million yuan.
It is an independent liquid launch vehicle company incubated by Zero One Space Technology Co., Ltd.
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Taking into account the company's special voting arrangements and Xu Ming's direct and indirect shareholding, Xu Ming controls a total of 72.87% of the company's voting rights.
According to the calculation of Hubei Changjiang Aerospace Industry Investment Fund Partnership Enterprise (Limited Partnership) holding 6.9816% equity of Aerospace Science and Technology Corporation Rocket, the investment amount of Changjiang Capital and Wuhan Investment Holding Group this time exceeds 300 million yuan.
By continuously deepening the integration of cloud services and AI technology, both parties will accelerate the deep empowerment and two-way upgrading of commercial high-end computing power and digital industries.
By the early 2030s, the cost of space data centers may still be about 30% higher than on the ground, but this is enough to open the window for the first large-scale deployment.
The funds will be used for purposes such as expanding artificial intelligence (AI) computing infrastructure, upgrading launch infrastructure and launch vehicles, expanding the size and capacity of satellite constellations, and using the remaining funds for general enterprise purposes.
After the completion of this IPO, Musk will hold approximately 84.4% of the voting rights and maintain absolute control over the company.