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Private capital markets have spent the past several years repricing computing infrastructure as a structural asset class, and that shift is now reaching into how private launch companies build their revenue strategies.
SpaceX has disclosed a new computing-power agreement that, according to the company, could bring it closer to a $100 billion revenue target it has set for itself.
The $100 billion figure is ambitious for a private company, and SpaceX frames the newly disclosed deal as incremental progress toward it.
The computing-power agreement adds a commercial dimension the company says moves it along that path. How much closer the deal actually gets SpaceX depends on terms and duration that have not been fully detailed.
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