Prediction: SpaceX's Power Needs Will Turn It Into Oklo's Biggest Customer
Expect SpaceX to invest directly in nuclear energy.
Overview
Space Exploration Technologies (NASDAQ: SPCX) CEO Elon Musk just reminded investors that energy will be a big problem for the future of artificial intelligence.
When the space company reported its first earnings on Aug. 11, Musk spent several minutes stressing how much power the company will need to support its AI data infrastructure investments.
Details
"[O]ur tentative target is to actually have 20 gigawatts at the power and cooling level online by the end of next year," Musk revealed. "Now I don't think we're going to achieve 20 gigawatts, but we want to have a series of projects that cumulatively come to 20 gigawatts by the end of next year. Some of them won't pan out exactly on time, but I would expect that we still probably have at the power plant level, something close to 15 gigawatts."
Source
Originally published at www.fool.com.