00:00SpaceX just landed another massive AI deal, and it's pushing the company closer to a jaw-dropping
00:05revenue target. Chief Financial Officer Brett Johnson disclosed the new agreement at the
00:10Goldman Sachs Communicopia and Technology Conference, revealing a compute hosting deal
00:15worth roughly $1.1 billion a month, or about $13 billion in annualized revenue.
00:22The customer wasn't named, but Johnson said payments begin December 1st,
00:26and this marks SpaceX's fourth major computing contract so far.
00:30The company is working toward an ambitious $100 billion annualized revenue run rate by the end
00:36of 2026, and deals like this one are a big part of getting there. Johnson said SpaceX plans to grow
00:42its terrestrial compute capacity dramatically, expanding from roughly 2 gigawatts today to
00:47somewhere between 5 and 10 gigawatts, leaning heavily on its vertical integration across rockets,
00:53satellites, and ground-based data infrastructure. It's a reminder that SpaceX has become just as
00:59much an AI infrastructure company as a rocket company. Disclosure. This video contains stock
01:05footage and content created or enhanced using AI-assisted tools.
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