SpaceX signs new AI computing deal as CFO confirms $100B annual recurring revenue on track

SpaceX just added another massive AI compute hosting deal to its growing portfolio, this one expected to generate approximately $1.11 billion per month starting December 1, 2026. CFO Bret Johnsen disclosed the contract during the Goldman Sachs Communacopia and Technology Conference on September 10, saying the company now has “even more conviction” in reaching $100 billion in annualized recurring revenue by the end of the year. The numbers behind the confidence The new contract alone would translate to roughly $13 billion in annualized recurring revenue once it kicks in at full capacity in December. SpaceX’s existing agreement with Anthropic already generates approximately $1.25 billion per month. A separate deal with Google parent Alphabet is set to begin producing around $920 million per month starting in October 2026. Stack those three contracts together and you’re looking at north of $3.2 billion in monthly compute revenue before counting anything else. The company reported $7.8 billion in total revenue for Q2 2026, a figure driven by expanding compute deals layered on top of its Starlink satellite internet operations. SpaceX trades under the ticker SPCX, and the revenue traject...