Elon Musk said SpaceX will hit $1trn in revenue by 2030. Its first earnings sent the stock down 11%
THE SO WHAT
SpaceX making more from AI compute and satellite internet than rockets — on $7.8B revenue that nearly doubled — shows how quickly infra-heavy companies can pivot into cloud economics. If you run capital-intensive networks, the market is starting to value your ability to monetize excess capacity as much as your core service.
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