SpaceX is rapidly scaling its AI compute business, securing over $45 billion in annual recurring revenue through high-value hosting deals with major tech players and the U.S. government.
Nvidia is cited as providing SpaceX AI with priority GPU allocation, reinforcing demand for its chips from large AI compute deals.
Alphabet's Google is mentioned as having a $920 million per month AI compute deal with SpaceX, indicating significant but costly compute capacity expansion.
SpaceX CFO Bret Johnsen confirmed the company is on track to hit a $100 billion annual recurring revenue target, bolstered by a series of massive AI compute hosting agreements. The firm recently secured a new $1.11 billion monthly deal, adding to existing contracts with Anthropic and Google, while leveraging priority GPU access from Nvidia to outpace competitors in capacity deployment.
SpaceX leases out compute bandwidth and terrestrial data center capacity to third-party clients, including Anthropic, Google, and potentially the U.S. Department of Defense.