SpaceX CFO Says Current Economics Have Translated Into A Less Than One-Year Payback On Our New Capital Deployments For Compute; Sees $100B Annualized Revenue Run Rate By End Of This Year; Next Two Quarters Are Very Similar To The Current Quarter From A CAPEX Level Perspective
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Why It Matters
SpaceX's leader says the company is spending money on new computer equipment and getting returns really fast—in less than a year. They think their business will make $100 billion a year by the end of 2024, and costs should stay similar for the next six months.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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