SpaceX doubles revenue on Anthropic and Google compute deals, Starlink growth

The company had already built out two data centers in and near Memphis, Tennessee to train xAI’s models, so it instead pivoted much of that capacity to be rented out to customers like Anthropic and Google.

“The incremental revenue from new hosting deals generated high incremental EBITDA margins as we monetized available compute capacity,” Johnsen said on a conference call Tuesday.

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