He explains why they’re all trying to cash out because the entire AI narrative is a lie… “SPACEX IS THE BIGGEST IPO TRAP IN HISTORY”

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SpaceX Is Valued Like an Aerospace Index
byu/RobertBartus inEconomyCharts

Anthropic and Google Are Paying SpaceX $2.17 Billion Every Month

“After acquiring xAI earlier this year, SpaceX has been aggressively renting out computing capacity from its Colossus data centres.

As we approach Elon Musk’s SpaceX IPO on 12 June with a $1.7 trillion valuation, the AI rocket company announced a multi-year compute power supply deal with Google for $920 million a month, shortly after securing a $1.25 billion monthly agreement with Anthropic. This brings SpaceX’s total monthly revenue from these two contracts to $2.17 billion, or an impressive $26 billion annually.

SpaceX revealed in a Friday regulatory filing that it has entered a cloud service agreement with Alphabet’s Google. Interestingly, Google was an early investor in SpaceX, with Google exec Donald Harrison on the SpaceX board.

‘This is a short-term, timely agreement to ensure we have bridge capacity to meet surging customer demand for our agent platform, Gemini Enterprise, which has been even higher than we expected,’ Google had told The Wall Street Journal.”