SpaceX's AI Business Is Booming. Here's How Much Analysts Expect It to Generate by 2030

Key Points SpaceX's connectivity segment is its largest business unit today, but artificial intelligence (AI) is growing at a much more rapid pace. By 2030, the company's AI business could be generating $275 billion, according to analyst projections. SpaceX remains unprofitable, however, and its bottom line may need to improve significantly for its valuation to remain as high as it is. 10 stocks we like better than Space Exploration Technologies › Space Exploration Technologies Corp (NASDAQ:SPCX) went public a few months ago, and while it may be known for its rockets and plans to send people to Mars, the company's artificial intelligence (AI) business is what's driving its growth right now.