SpaceX targets AI infrastructure within a $28.5 trillion market, securing a $920 million-per-month, three-year Google contract while exploring orbital data centers despite scalability challenges. Support from Trump’s mention of Elon Musk drove SpaceX shares up 2.83%, reflecting investor optimism in its AI-driven growth strategy.
SpaceX has identified AI as the core of its next growth phase, estimating $26.5 trillion of a $28.5 trillion total addressable market lies in AI infrastructure. The company plans to leverage its constellation of low-Earth-orbit satellites and launch capabilities to host data centers in space.
SpaceX finalized a three-year agreement with Google worth $920 million per month, granting Google access to orbital bandwidth and compute capacity. This deal marks one of the largest commercial AI infrastructure contracts to date and validates SpaceX’s viability as an AI services provider.
Building and maintaining orbital data centers poses significant hurdles, including thermal regulation, radiation shielding and reliable power generation. SpaceX must also develop autonomous servicing and repair capabilities to ensure continuous operation in orbit.
Positive market sentiment spiked after Trump publicly praised Elon Musk, lifting SpaceX shares by 2.83%. Investors are now closely watching how AI revenue contributions and technical milestones drive future valuation.
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