$SPCX is starting to look like more than a space story.
SpaceX’s software and AI push is getting harder to ignore. Grok Bot reportedly reached 418,000 weekly users, up 24% in a week, while the company expands into enterprise software for tasks like invoice processing, debugging and customer management.
But the bigger story is diversification. Starlink remains a core growth engine, while computing infrastructure is emerging as another major revenue pillar, with SpaceX reportedly securing a $1.11B-per-month computing contract alongside deals involving Anthropic and Google.
Then there’s the traditional SpaceX engine: launch services and government contracts. NASA recently extended its crewed ISS agreement by three missions, taking the contract to $5.92B through 2030.
That combination is what makes $SPCX interesting to me: rockets create the infrastructure, Starlink monetizes connectivity, and AI/software could add another layer of recurring revenue.
SpaceX’s software and AI push is getting harder to ignore. Grok Bot reportedly reached 418,000 weekly users, up 24% in a week, while the company expands into enterprise software for tasks like invoice processing, debugging and customer management.
But the bigger story is diversification. Starlink remains a core growth engine, while computing infrastructure is emerging as another major revenue pillar, with SpaceX reportedly securing a $1.11B-per-month computing contract alongside deals involving Anthropic and Google.
Then there’s the traditional SpaceX engine: launch services and government contracts. NASA recently extended its crewed ISS agreement by three missions, taking the contract to $5.92B through 2030.
That combination is what makes $SPCX interesting to me: rockets create the infrastructure, Starlink monetizes connectivity, and AI/software could add another layer of recurring revenue.