SpaceX announced plans on Nov. 12 to invest more than $74 billion in AI computing facilities in Texas and Arizona. It plans to spend more than $24 billion at its Starbase site and about $50 billion on a proposed campus in Cochise County. The Arizona project still needs county approval and faces public opposition; a county advisory panel reportedly approved six safety recommendations, not the development itself.
SpaceX’s third-quarter filing said its Super Intelligence segment generated $7.56 billion, about 52% of quarterly revenue. The filing said one customer accounted for 34.5% of revenue, while Bloomberg identified that customer as Anthropic, citing a person familiar with the relationship. Claims that Anthropic might not extend its computing agreement beyond mid-2027 remain unverified; the relevant agreements allow either company to end them with 90 days’ notice after initial noncancelable periods expire in January and March 2027.
