Anthropic accounts for over a third of SpaceX revenue in Q3, Bloomberg reports
Bloomberg News has revealed that Anthropic, an artificial intelligence company, accounted for more than a third of SpaceX's revenue in Q3. According to a source familiar with the situation, Anthropic contributed 34.5% of the company's revenue during the quarter, surpassing even the U.S. federal government as SpaceX's largest single customer.
The AI company has agreed to spend up to $120.5 billion under computing contracts with SpaceX running through 2029, translating to approximately $3.1 billion per month starting in December. However, the contracts allow Anthropic to terminate them with 90 days' notice beginning in early 2027. These deals are tied to computing capacity at SpaceX data centers in Memphis, Tennessee.
Notably, SpaceX's AI business became profitable for the first time in the latest quarter, contributing to Elon Musk's goal of $100 billion in annualized revenue by the end of 2026.
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