SpaceX signs $1 billion-a-month AI hosting deal (SPCX:NASDAQ)

SpaceX signs $1 billion-a-month AI hosting deal (SPCX:NASDAQ)

SpaceX lands a $1.11B/month AI hosting deal, boosting confidence in a $100B ARR run rate.

SpaceX Stock’s New $13 Billion AI Deal Comes With a 6-Month Catch

SpaceX has added another large AI-hosting commitment, but the number investors should focus on is not just the reported $13.3 billion of annualized revenue. It is the roughly six-month minimum life implied by the contract structure. An account of CFO Bret Johnsen’s remarks at the Goldman Sachs Communacopia + Technology Conference said a recently signed…