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. The company has been securing deals involving AI compute power, and that's been a key way the business, which also goes by just SpaceX, plans to get to an annualized revenue run rate of $100 billion by the end of this year. The massive growth that SpaceX is experiencing right now is primarily due to AI. Here's a look at just how big analysts expect the AI segment to get by 2030. Missed Nvidia in 2009? This Rare Signal Is Flashing Again.
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