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Markets · Investing · Business
Finance
Elon Musk Claims The Majority of SpaceX Revenue Will Be From AI Next Month
Musk told employees that revenue from leasing artificial intelligence compute will be the main driver of revenue at SpaceX going forward.
During a meeting with employees, Space Exploration Technologies Corp.(NASDAQ:SPCX) CEO Elon Musk said that the majority of the company’s revenue will come from artificial intelligence by September.
Furthermore, Musk said 99% of SpaceX’s revenue will come from AI in the next four to five years.
Details
That may surprise some, given that SpaceX is viewed as a pioneer of the space economy, but it comprises many businesses that are somewhat interwoven.
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