SpaceX could make $500 billion in 2027, Elon Musk says

1 month ago 20

Rommie Analytics

SpaceX isn't a launch company anymore.

SpaceX is famous for launching, and landing, its Falcon 9 and Falcon Heavy rockets and sending astronauts to space aboard its Dragon crew capsule. Recently, however, the company has been transitioning into an artificial intelligence (AI) outfit — and that journey is now mostly complete.

"Our AI revenue will exceed all other SpaceX revenue probably in September — like, next month — and will significantly exceed all other SpaceX revenue in in the fourth quarter," company founder and CEO Elon Musk said during an address to employees that the company posted on X today (Aug. 11). "So, AI has become an extremely important part of SpaceX's future."