Analyst: xAI's Revenue Contribution to SpaceX Expected to Increase

06/12 14:46

On June 12, analyst Singh stated that with the acquisition of Cursor, SpaceX's positioning as an artificial intelligence infrastructure provider and programming agent is expected to be further solidified through an initial public offering (IPO). He noted, 'We believe that by the end of 2026, xAI's contribution to SpaceX's revenue is expected to increase from the current approximately 17% to over 50%.' Singh pointed out that by 2027, xAI's sales are expected to reach $30 billion, which could support a valuation of $300 billion to $400 billion for its business segment.
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