Key insights
- Goldman Sachs projects SpaceX revenue to surge to $322 billion by 2030, driven significantly by AI and potential compute hardware rentals. This optimistic outlook, contrasting with other estimates, suggests a strong growth trajectory for SpaceX, potentially impacting related tech and cloud infrastructure sectors. The firm's hardware capabilities and potential partnerships could unlock substantial new revenue streams, signaling a bullish outlook for the company and its market influence.
Today, Goldman Sachs said they expect SpaceX revenue to increase dramatically in the next 3.5 years to $322 billion. They said it will be largely driven by AI.
With the xAI acquisition, SpaceX does have a lot of hardware. I wonder if they could do more things such as the Anthropic deal, renting out hardware for other companies to use. Clearly, companies are willing to pay extreme amounts of money (Anthropic is paying billions to rent compute from SpaceX).
It is pretty interesting to see the huge variation from estimates from Morningstar compared to Goldman Sachs here