$SPCX fastest-growing business is now AI which is already generating $2.6B while absorbing 86% of quarterly capex as cloud services drive its path toward a $100B annualized December run rate.
That spending is deliberate as SpaceX prebuilds 15–20GW of power for ~10GW of compute and secures $NVDA Vera Rubin supply giving it the infrastructure and chips to pursue $1T in revenue by 2030.
That spending is deliberate as SpaceX prebuilds 15–20GW of power for ~10GW of compute and secures $NVDA Vera Rubin supply giving it the infrastructure and chips to pursue $1T in revenue by 2030.