🔥🚀 BREAKING: SpaceX (SPCX) said on Thursday it plans to invest more than $74 billion in two supercomputing campuses, its Starbase site in Texas and in Cochise County, Arizona.
SpaceX expects to spend more than $24 billion on the Starbase site and roughly $50 billion on the Arizona campus, it said in a statement.
The Starbase facility would generate its own electricity rather than draw from the public grid. SpaceX said the campus would use dry cooling, with no planned industrial groundwater use.
The AI segment of SpaceX generated more than half of its revenue in the third quarter, highlighting how far the business has moved beyond rockets and Starlink satellite internet.
In its third-quarter earnings report, SpaceX reported revenue of $14.6 billion. The AI segment generated $7.56 billion (roughly 52% of total revenue).
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#BinancePick $SPCXB $NVDAB $AAPLB
SpaceX expects to spend more than $24 billion on the Starbase site and roughly $50 billion on the Arizona campus, it said in a statement.
The Starbase facility would generate its own electricity rather than draw from the public grid. SpaceX said the campus would use dry cooling, with no planned industrial groundwater use.
The AI segment of SpaceX generated more than half of its revenue in the third quarter, highlighting how far the business has moved beyond rockets and Starlink satellite internet.
In its third-quarter earnings report, SpaceX reported revenue of $14.6 billion. The AI segment generated $7.56 billion (roughly 52% of total revenue).
#HuangExitNvidiaStrategyInFocus
#AnthropicRejectsIPODelayValuationinQuestion
#USJoblessClaimsRise
#BinancePick $SPCXB $NVDAB $AAPLB
