#SpaceXEyes100BARR

🔥 SPACEX JUST ADDED A $13B AI REVENUE ENGINE SpaceX just signed a new AI-compute deal worth $1.11B/month, or roughly $13B annualized, starting December. 📊 Key numbers: $100B year-end ARR target | 2GW → 5–10GW compute | $16B Q2 AI infrastructure spend | $920M/month Google deal | $1.25B/month Anthropic deal. SpaceX isn’t just a rocket company anymore. 👀 Would you value SpaceX more as an AI infrastructure play?

#SpaceXEyes100BARR SpaceX is aiming for 100 billion in yearly revenue. That's a massive target. Price moved down slightly today though. Big goals take time to show up in numbers. Space business is still growing fast. Worth watching long term. — Sulaiman Zero Hunter $SPCX

SpaceX CFO Bret Johnsen at Goldman Sachs revealed the company is on track for $100B ARR by year end after closing another hosting deal worth $1.1B a month starting December 1, with orbital compute satellites targeting next year and Grok 4.7 coming soon after 4.6. → Payback on new compute capex is under one year, making GPU financing attractive → Cursor deal closed weeks ago with product cycles already accelerating through Grok Bot → Terrestrial compute costs rising while orbital rides the opposite curve toward cost parity as soon as next year → Target: both Starship stages recovered and reflown as soon as next year, dropping deployment costs sharply

The more useful lens for SpaceX's $100B ARR ambition may be execution, not the headline target. CFO Bret Johnsen says AI compute hosting deals added about $13.3B in ARR, but orbital compute deployment remains an uncertain 2027 goal. My read: hosting demand could broaden the growth story; turning space infrastructure into recurring revenue is the harder test. #SpaceXEyes100BARR

NEWS: SpaceX is on track for $100 billion in yearly recurring revenue from AI deals. SpaceX CFO Bret Johnsen said the company just signed another AI compute deal. It will bring in $1.11 billion a month, about $13.3 billion a year, starting December 1. He said that once the December number is annualized, SpaceX is on track to hit $100 billion of ARR by the end of the year. "By the end of this year, with annualizing our December number, we're on track to hit $100 billion of ARR." Source: Bret Johnsen, SpaceX CFO, at Goldman Sachs Communacopia

🚀 STARSHIP COULD DECIDE SPACE X’S NEXT VALUATION Here’s the part I think the market is really watching. $SPCX is already a monster with Starlink + Falcon 9. But the $2T+ valuation is increasingly tied to what Starship can actually become. If SpaceX gets Starship fully and rapidly reusable, launch costs could fall dramatically while launch frequency explodes. And that doesn’t just mean cheaper rockets. It could unlock: → Much faster Starlink deployment → Massive satellite capacity → Orbital AI infrastructure → More frequent launches → Eventually, Moon/Mars missions One analyst recently argued that successful full reusability could support roughly 43% upside from current valuation levels. But here’s the catch: Starship still has to prove it. The next big test isn’t just about whether it reaches orbit. It’s about whether SpaceX can turn Starship into something it can launch, recover and launch again — quickly. That’s the real game changer. If Starship works at scale, does $3T SpaceX sound crazy? 👀

SITUATION DETECTED: SpaceX closed another AI compute hosting deal earlier this month with an unnamed customer that will pay them $1.11 billion a month starting Dec. 1.

Goldman recaps SpaceX presentation at Tech conference Presenters: We hosted CFO Bret Johnsen at the Communacopia + Technology Conference. Bottom Line: The conversation provided key insights across multiple different avenues - AI: a) reiterated its prior expectation to earn between $30-50bn/GW in 2027 (and disclosed that they are currently operating at the upper end of that range); b) announced the closing of a new compute licensing deal earlier this month; c) increased confidence into reaching $100bn total revenue annualized run rate by year-end; d) line of sight into scaling to north of 2GWs of total compute by YE26 and between 5-10GWs by YE27 (with vertical integration giving the company key advantages to bring capacity online); e) increased optimism around orbital compute (plans to deploy AI satellites in 2027 and potential to reach cost parity vs. terrestrial compute quicker than expected); & f) building momentum across its suite of 1P AI tools/services (Grok 4.6 & beyond; Grok Bot; Cursor; etc.). Space: a) key learnings from successful Starship Flight 13; & b) Starship Flight 14 on track for this month & progressing toward rapid reusability through 2027. Connectivity: a) Starlink Broadband continued momentum (with notable strength from Enterprise & Government services); & b) executing on laying groundwork for Starlink Mobile launch by 1H28.