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SpaceX is inching closer to this lofty $100 billion milestone
MarketWatch ^ | September 10, 2026 | William Gavin

Posted on 10/08/2026 8:40:54 PM PDT by SunkenCiv

SpaceX has notched another deal selling artificial-intelligence computing power, bringing it closer to an ambitious revenue milestone. 

Bret Johnsen, SpaceX’s longtime chief financial officer, said at a Goldman Sachs conference on Thursday that the company had signed a deal for AI computing power with an undisclosed company earlier this month. He said the deal is worth $1.1 billion a month beginning in December, and valued it at about $13 billion worth of annualized revenue. SpaceX aims to have a $100 billion annualized revenue run rate by the end of 2026.

(Excerpt) Read more at marketwatch.com ...


TOPICS: Business/Economy; Computers/Internet
KEYWORDS: ai; spacex
The expectation is $36 trillion spent from now 'til 2050, not just to SpaceX, all the companies.


1 posted on 10/08/2026 8:40:54 PM PDT by SunkenCiv
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To: AdmSmith; AnonymousConservative; Arthur Wildfire! March; Berosus; Bockscar; BraveMan; cardinal4; ...
🚀🛰️💻🖥️

2 posted on 10/08/2026 8:42:01 PM PDT by SunkenCiv (TDS -- it's not just for DNC shills and jihadists anymore -- oh, wait, yeah it is.)
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To: SunkenCiv

Jimmy Stewart: “I’ll settle for half that in cash.”


3 posted on 10/08/2026 9:58:13 PM PDT by citizen (Say it with me.....the UK is now UKistan. Short & to the point.)
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To: SunkenCiv

Invest in SpaceX. With it getting the 800mhz spectrum for mobile phones, it will become a dominant player among the liberty-minded that do not want their data sold.


4 posted on 10/09/2026 3:05:08 AM PDT by Erik Latranyi (This is the end of the Republic....because we could not keep it.)
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To: Erik Latranyi

I have my entire ROTH IRA in space X. I’m either the smartest or dumbest man on earth. Good news is if I lose it, I’ll be ok.


5 posted on 10/09/2026 8:50:17 AM PDT by napscoordinator (DeSantis is a beast! Florida is the freest state in the country! )
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To: napscoordinator
I have my entire ROTH IRA in space X. I’m either the smartest or dumbest man on earth. Good news is if I lose it, I’ll be ok.

The only way SpaceX loses is if Democrats get full control again as they will weaponize government against every business associated with Musk.

6 posted on 10/09/2026 11:59:17 PM PDT by Erik Latranyi (This is the end of the Republic....because we could not keep it.)
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