◆ NeutralSPCXGOOGGOOGLGOOGMGOOGN

Elon Musk Claims The Majority of SpaceX Revenue Will Be From AI Next Month

The Motley Fool·
Elon Musk Claims The Majority of SpaceX Revenue Will Be From AI Next Month

SpaceX CEO Elon Musk stated that the majority of the company's revenue will come from artificial intelligence by September, with 99% expected within 4-5 years. The company has secured lucrative AI compute deals with Anthropic and Alphabet generating $2.15 billion in monthly revenue. SpaceX's $28.5 trillion total addressable market is largely driven by its $26.5 trillion AI division. However, the company's valuation remains dependent on successfully executing its space ambitions, including orbital data center deployment via its Starship rocket.

Read Full Article at The Motley Fool
← Back to Financial Intelligence