US aerospace company behind reusable rockets, Starlink internet and Starship, now pursuing space-based AI compute satellites.
SpaceX signed a major supply contract with German equipment maker SINGULUS to bring in complete heterojunction (HJT) solar cell production lines, building in-house power capacity for its Starmind space AI compute satellites. The first line is slated for delivery in H1 2027, with plans to scale to over 100GW of equipment capacity, roughly 4.4 times the Three Gorges Dam's installed capacity.
Speaking at Baron Capital's annual conference, Musk predicted that digital superintelligence will satisfy all human needs, double white-collar productivity and lift global growth by 20-30%, while humanoid robots could match five times human output. He also sketched universal high income and free healthcare, and defended data centers against resource-consumption criticism. The claims are long-range forecasts without supporting data.
Anthropic plans to raise up to $69.3 billion in its Nasdaq IPO, second only to SpaceX in history, with trading expected to begin November 19 or 20 under the ticker ANT. Recent market swings have pushed its valuation well below peak levels.
SpaceX plans to invest $24 billion in a gas-fired power plant and supercomputing facility in Starbase, Texas, with $22 billion as initial capital outlay across a roughly 444-acre site that may be built in phases. The Starbase City Council will hold a December 9 hearing on property tax abatements and a state economic development agreement, signaling an expansion from rocketry into self-built energy and compute infrastructure.
Elon Musk pushed back on criticism of SpaceX's compute deal with Anthropic, stressing the contract cuts both ways: SpaceX could exit with 90 days' notice and reprice if supply tightens, but would also lose revenue if compute becomes cheap. The deal runs to May 2029 at roughly $1.25B per month, totaling nearly $45B for dedicated Colossus cluster capacity.