SpaceX’s AI business projected to generate $322B by 2030 as company prepares for Nasdaq IPO

SpaceX is no longer just a rocket company. Following its all-stock acquisition of Elon Musk’s xAI in February 2026, the combined entity is being positioned as one of the largest AI infrastructure plays on the planet, with Goldman Sachs projecting the AI division alone will generate $322 billion in revenue by 2030. That figure would represent roughly 68% of SpaceX’s total projected revenue of $474 billion. The AI segment pulled in $3.2 billion in 2025. Goldman expects that to hit $15.6 billion in 2026, $34.5 billion in 2027, and then accelerate into the hundreds of billions by decade’s end. From rockets to revenue machines The growth thesis hinges on SpaceX’s plan to deploy a constellation of AI-optimized satellites designed to deliver 100 gigawatts of solar-powered computing capacity by 2030. The company filed plans in January 2026 for up to 1 million AI satellites and announced a dedicated Gigasat manufacturing facility. Initial satellite launches are targeted for 2028. The company has already locked in heavyweight customers. Anthropic signed a deal worth $1.25 billion per month, while Google committed to $920 million monthly. Those two contracts alone represent over $26 billion i...