Update
SpaceX Doubles AI Compute Revenue Forecast
SpaceX, trading under the ticker SPCX, expects to generate between $33 billion and $37 billion in AI compute revenue during the first quarter of 2027. The company aims to double its data center capacity in a single quarter to achieve this, with a current capacity of 1.7 gigawatts expected to reach between 2.5 and 3 gigawatts by the end of 2026. The company also reaffirmed its target of a $100 billion annualized revenue run rate by the end of 2026.