Elon Musk says "AI revenue will exceed all other SpaceX revenue"

Shares of the space company SpaceX climbed about 11 percent Wednesday after a recording of a companywide talk was posted on X. In it, Elon Musk told employees he expects income from its artificial-intelligence operations to become the company’s largest revenue stream, possibly by next month and by a much wider margin in the fourth quarter. The report attributes the anticipated jump to an existing arrangement in which Anthropic is paying SpaceXAI for computing capacity, with another deal involving Google expected to begin soon. Musk also described AI as central to the firm’s direction, with models trained on SpaceX’s own data. Investors reacted positively, though the article cautions that the AI work is expensive and cash burn remains heavy.