SpaceX Super Intelligence reports $7.6B AI revenue

The author argues that a slowdown in AI data center construction driven by power grid bottlenecks will create a profitable squeeze that benefits SpaceX, which combines rapid infrastructure deployment with its own frontier AI models. SpaceX's third-quarter financial results show its Super Intelligence segment generated $7.6 billion in revenue, driven largely by cloud capacity contracts with rivals like Anthropic and Google. Musk projects significant annual recurring revenue by late 2027 as agent-driven token demand surges amid constrained on-the-ground power supplies. Open article →