SpaceX aims to make artificial intelligence the main business of the company, with a goal of up to US$500 billion annually.
Elon Musk explained that revenues from AI could surpass all other SpaceX activities starting in September. The company is also looking to significantly expand its computing capacity.
SpaceX aims to make artificial intelligence the company's main business
Elon Musk predicted how much he could generate with AI
During a presentation to employees published on X, Elon Musk stated that AI has become a central part of SpaceX's future.
According to the entrepreneur, revenues linked to artificial intelligence could exceed all other sources of income for SpaceX in September and grow even more during the fourth quarter.
Musk also estimated that, within four or five years, AI could represent 99% of SpaceX's value.
Elon Musk anticipated how much SpaceX could generate with AI
SpaceX wants to increase its AI capacity from 1.4 to 10 gigawatts
The company aims to have 10 gigawatts of computing capacity for AI by the end of next year. Currently, SpaceX has 1.4 gigawatts that it sells to tech companies and artificial intelligence labs.
Musk calculated that each watt could represent between US$30 and US$50. With 10 operational gigawatts, that would imply between US$300 billion and US$500 billion in annual revenue, according to his estimates.
SpaceX wants to increase its AI capacity from 1.4 to 10 gigawatts
SpaceX's plan to expand its artificial intelligence business
SpaceX's progress in artificial intelligence began with the acquisition of xAI, the company founded by Musk in 2023 and responsible for the Grok chatbot.
xAI also operates Colossus, a massive supercomputing cluster located in Tennessee. For Musk, that operation is just a part of a much broader strategy.
SpaceX also announced plans to build Terafab in Texas alongside Tesla. The complex will be dedicated to manufacturing advanced chips for various applications.
The plan by SpaceX to expand its artificial intelligence business
SpaceX also plans to launch a million AI satellites
Another of the company's projects is to launch up to one million artificial intelligence satellites called Starmind into low Earth orbit.
The deployment would use Starship, SpaceX's fully reusable mega rocket that is still in development.
SpaceX also plans to launch a million AI satellites
In the longer term, the company plans to build factories on the Moon to produce data centers off Earth. The satellites could be launched from the lunar surface using electromagnetic systems.
The ambitious economic projection of SpaceX
In documentation presented before its IPO, SpaceX identified a total potential market of US$28.5 trillion.
Of that amount, about US$23 trillion would correspond to the artificial intelligence sector. To put that figure into perspective, the GDP of the United States last year was around US$30.8 trillion.
The ambitious economic projection of SpaceX
What Elon Musk said about the future of artificial intelligence
Elon Musk stated that the future is fundamentally tied to AI and robots. He also claimed that the amount of digital intelligence could far exceed biological intelligence if civilization continues to advance.
The entrepreneur assured that his goal is not solely to generate revenue. As he explained, he aims to develop an AI that takes humanity into account, helps it, and contributes to taking it to other planets.
What did Elon Musk say about the future of artificial intelligence
Musk also highlighted the role of SpaceX workers and stated that those who want to travel to the Moon or Mars will be able to do so in the future.