SpaceX (NASDAQ:SPCX) CEO Elon Musk says artificial intelligence will overtake everything else the company sells as soon as next month.
In an all-hands meeting, Musk said AI revenue "will exceed all other SpaceX revenue probably in September, like next month," and will "significantly exceed" the rest of the business in the fourth quarter.
The forecast implies a rapid shift.
AI generated $2.56 billion of the $7.81 billion SpaceX reported for the second quarter, behind the $4.29 billion from its Starlink-led connectivity unit.
The company is targeting a roughly $100 billion annualized revenue run rate by year-end, more than triple the roughly $31 billion pace implied by the second quarter.
