- CFO Bret Johnsen disclosed at the Goldman Sachs Communacopia Conference that the company signed a new AI hosting contract earlier this month.
- Effective from December 1, 2026, it is worth approximately US$1.11 billion per month; the client has not been disclosed.
- Johnsen: Increased confidence in reaching approximately US$100 billion ARR by year-end.
- @SpaceX livestream announcement and @elonmusk's "SpaceX CFO speaks at GS Tech Comf" post are the primary sources.
SpaceX CFO Bret Johnsen revealed at the Goldman Sachs Communacopia and Technology Conference that the company signed a new AI computing hosting contract earlier this month, generating an estimated US$1.11 billion in monthly revenue starting from December 1, 2026.
Johnsen stated that this contract gives him increased confidence (even more conviction) that SpaceX will achieve an estimated US$100 billion in annual recurring revenue (ARR) by the end of the year. He did not disclose the name of the client. The official SpaceX X account previewed the CFO's livestream session, and Elon Musk also posted "SpaceX CFO speaks at GS Tech Comf" in response.
Public reports indicate that SpaceX's existing AI computing power rental portfolio already includes an approximately US$1.25 billion per month agreement with Anthropic, as well as an approximately US$920 million per month agreement with Alphabet/Google expected to contribute starting in October. Including this new US$1.11 billion per month contract starting in December, the known major clients alone bring the computing power revenue narrative to nearly US$3.2 billion per month (actual confirmation subject to company disclosure).
| Item | Public Statement |
|---|---|
| New Hosting Contract | Approximately US$1.11 billion/month (starting from 2026-12-01) |
| ARR Target | Approximately US$100 billion by year-end (CFO: increased confidence) |
| Primary Sources | @SpaceX conference livestream post; @elonmusk response post |
| Client | Not disclosed |
Strategically, reports indicate that SpaceX favors shorter contracts (commonly around six months), allowing the company to reclaim capacity for its own projects when necessary (including xAI/Grok and related engineering loads), and also retaining the flexibility to re-price according to market conditions. The short-term revenue story is increasingly expanding from the launch schedule to data center economics.
Primary sources: @SpaceX conference livestream post, @elonmusk response; amounts and ARR figures quoted from the conference's public reports for verification.