Fortune July 19, 2026 • 11:00

SpaceX is quietly building an AI compute business that may become key to its eye-popping valuation - Fortune

By Marco Quiroz-Gutierrez

SpaceX is quietly building an AI compute business that may become key to its eye-popping valuation - Fortune

Deals with Google and Anthropic to rent out computing capacity could generate $26 billion a year.

Under pressure by analysts to justify its eye-popping valuation, SpaceX is diversifying beyond rockets and satellites to a seemingly innocuous but lucrative business opportunity: renting out the unus… [+5608 chars]

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