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SpaceX AI division revenue surges 829%, securing growth momentum

The Motley Fool +1 · ·by G4L

  1. 1SpaceX AI (SI) division revenue recorded $7.5 billion, a 829% surge in the recent quarter.
  2. 2Starlink revenue recorded $5.2 billion, a 69% increase.
  3. 3CEO Elon Musk predicted in the earnings announcement that SpaceX's annual recurring revenue will reach between $500 billion and $1 trillion by the end of next year.

So what's the key point?

SpaceX's AI division revenue increased significantly by 829%. This means the company has gained a new growth engine.

Source The Motley Fool +1 · View original ↗

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