SpaceX Is Quietly Becoming One of the Most Important Data Center Companies in AI. Here's What That Means for Investors

SpaceX has announced three major AI compute deals with Anthropic, Alphabet/Google, and Reflection AI, generating approximately $27.5 billion in annual recurring revenue. The company is monetizing excess GPU capacity from its xAI platform, transforming its business model to include a significant high-margin data center revenue stream that could rival its traditional rocket launch business.