SpaceX bets on AI as its next big revenue engine, Musk says

Elon Musk told SpaceX staff that AI revenue will likely surpass all other SpaceX revenue lines by September 2026, aided by a joint $16.8 billion Texas compute facility funded by SpaceX and Tesla; the AI pivot broadens SpaceX’s potential market to the roughly $26.5 trillion global AI opportunity, reinforced by the Cursor acquisition to compete with OpenAI and hyperscalers. Investors should watch SpaceX’s upcoming disclosures for AI revenue contributions and how quickly Terafab capacity scales.