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SpaceX Closes $1.11 Billion-a-Month Compute Deal as CFO Doubles Down on $100 Billion ARR Target

Source: benzinga.com

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SpaceX Closes $1.11 Billion-a-Month Compute Deal as CFO Doubles Down on $100 Billion ARR Target

SpaceX CFO Bret Johnsen said the company closed another compute agreement that supports its goal of reaching $100 billion in annual recurring revenue by year-end. The deal signals continued progress in monetizing compute capacity and strengthens the outlook for the Elon Musk-led company's growth targets.

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