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SpaceX Government Revenue to Fall Below 10% of Sales, Musk Says

SpaceX now gets most revenue from AI computing rentals, and Musk said government contracts will fall below 5% within about a year.

Summary by Quartz
Musk said he is willing to cancel any government contract that agencies do not want, as SpaceX stock rose 8.2% on Friday

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Elon Musk expects government contracts to represent less than 5% of SpaceX’s revenue in the fourth quarter, while the rental of computing capacity for artificial intelligence gains weight. Anthropic stands out as one of its main customers: it would have contributed 34.5% of SpaceX’s total revenue in the third quarter. The concentration and the possibility that Anthropic will terminate its contracts since 2027 pose risks to this revenue engine.

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Wccftech broke the news on Friday, November 6, 2026.
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