SpaceX Has Three AI Customers Paying $27.8 Billion a Year. How Big Can This Revenue Stream Get?

SpaceX has signed three major AI compute deals with Anthropic ($18B/year), Google ($11B/year), and Reflection AI ($150M/month) that have more than doubled the company's total revenue to $27.8B annualized. This high-margin business leverages previously underutilized data center capacity and could become SpaceX's most profitable division, though the stock remains expensive at current valuations.