SpaceX has struck a $1 billion a month compute deal with a mystery customer
SpaceX has secured another major AI compute deal, valued at over $1 billion per month, with an undisclosed customer, boosting its goal of $100 billion in annual recurring revenue. This follows similar agreements with Anthropic and Google, leveraging its Colossus data centers.
Why it matters
This signifies SpaceX's growing diversification into the lucrative AI compute market, highlighting the intense demand for AI infrastructure and the strategic importance of data centers for tech giants.
SpaceX is targeting $100 billion in annual recurring revenue by the end of the year. Spencer Platt/Getty Images SpaceX has closed yet another AI compute deal with a mystery customer. The agreement is worth over $1 billion a month, SpaceX's CFO said on Thursday. It follows similar deals with Anthropic and Google as Elon Musk's rocket company cashes in on its Colossus data centers. SpaceX is cashing in on the surging demand for AI compute. CFO Bret Johnsen told a Goldman Sachs conference on Thursday that SpaceX had clinched another major data center deal worth over $1 billion a month. "Just earlier this month, we closed another hosting deal, and that translates into about $1.11 billion a month starting December 1st of this year," Johnsen said.
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