SpaceX Closes $1.11 Billion-a-Month Compute Deal as CFO Doubles Down on $100 Billion ARR Target
SpaceX CFO says a new AI compute deal adds $13B+ annual recurring revenue for the company, bolstering its $100B ARR goal.
Stocks · News reference
SPCX CFO Bret Johnsen Says China Has an ‘Amazing Space Program’ — But It’s ‘Not on a Starship Level’
SpaceX CFO says China trails Starship, while full reusability could slash launch costs and make orbital AI compute competitive.
Reference Details
Connected Markets
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
- Source
- benzinga
- Observed
- Checked
- Cadence
- Captured once, then retained as an archive reference
- Status
- fresh
Keep reading
Related Headlines
Congresswoman Bets on Elon Musk, Warren Buffett: Here’s the Latest Stock Transactions
A congresswoman recently bought stocks connected to Warren Buffett and Elon Musk.
SpaceX Trades at 98 Times Sales. Here's What Amazon's Multiple Looked Like at the Same Stage.
SpaceX trades at a price-to-sales ratio of 98 with a $2.1 trillion market cap on $23 billion in revenue. The article compares this to Amazon in 2009, when it had similar revenue but traded at a P/S ratio of only 1.5-2.5 while being more profitable. The analysis suggests that even if SpaceX reaches $1 trillion in revenue by 2030, the stock may not appreciate significantly from current levels, and a P/S compression to Amazon's 2009 levels could result in substantial losses.