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.
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Musk says government work will be under 10% of SpaceX revenue
Elon Musk said government contracts will make up less than 10% of SpaceX’s revenue this quarter, down from 16.6%. SpaceX now earns most from renting AI computing, with Anthropic its biggest customer, though Anthropic can exit from early 2027. Government contracts will make up less than 10% of SpaceX’s revenue this quarter, Elon Musk said […] This story continues at The Next Web
SpaceX to Get Under 10% of Revenue From US Government, Musk Says
SpaceX’s reliance on US government-funded contracts will continue to shrink, Elon Musk said, signaling a shift in focus away from what was previously his rocket-launch company’s most important partnership.
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.
Elon Musk Says SpaceX Will Attempt A "Critical Breakthrough Needed To Make Life Multiplanetary," As Its Government-Derived Revenues Shrink To Just 5% Next Year
SpaceX is gearing up to try to retrieve all parts of its orbital rocket in a manner that would render them eminently reusable on multiple missions, significantly ratcheting up the efficiency of its missions. Meanwhile, Elon Musk has just revealed that SpaceX's exposure to government-derived revenues is all set to shrink to a negligible proportion of its total cash haul by next year, which should dampen the leverage that the Democrats might hold …
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