AI rivals are thirsty for SpaceX's compute, Elon Musk says
Source: Business Insider ·
Elon Musk said during SpaceX's earnings call that the AI and rocket company is "hounded relentlessly by every hyperscaler" to rent compute.
From the source
Elon Musk made the remarks during SpaceX's earnings call.Andrew Harnik/Getty ImagesElon Musk said AI rivals are clamoring to rent SpaceX's compute.SpaceX plans to split compute between its internal uses and outside customers.The company could rent out its compute "several times over if we said yes to everyone," Musk said.SpaceX's AI rivals are clamoring to rent computing power from the artificial intelligence and rocket company, CEO Elon Musk said."We are also, frankly, hounded relentlessly by every hyperscaler and by dozens of smaller companies to rent more of our compute," Musk said during SpaceX's third-quarter earnings call Tuesday.Musk said SpaceX could rent out the company's compute "several times over if we said yes to everyone."SpaceX, however, is reserving a chunk of that capacity for its own AI ambitions, including scaling its AI chatbot Grok and Cursor, the coding startup it recently acquired.Musk said SpaceX is seeking to devote roughly half of its compute to internal…
BestAIBroker analysis
- Finance-aware sentiment: positive (+0.40 on a -1 to +1 scale).
- Event classification: OTHER.
- Market importance score: 29/100, weighting entity relevance, source credibility, multi-outlet coverage and recency.
- Symbols referenced: AI.