SpaceX CEO Elon Musk says Co and Tesla have formed special committees to discuss merger

SpaceX CEO Elon Musk says will attempt to catch booster and ship in Starship’s Flight 15. SpaceX CEO Elon Musk says Starship’s Flight 15 to happen next month. SpaceX CEO Musk says Co’s planned Louisiana launch site will have 20 or more launch towers. SpaceX CEO Musk says Starship to fly weekly in first half of next year, twice weekly in second half of next year.

Musk predicts reaching 100,000 Starlink satellites within 3 years, increasing network’s capacity 100 times. SpaceX CEO Musk says would be surprised if we brought on less than 13 gigawatts of compute by the end of next year. SpaceX CEO Musk says annual recurring revenue by the end of 2027 is somewhere between $500 billion and a trillion.

Also read: Elon Musk pledges one SpaceX share for every American child; it could cost him just 1% of his fortune


SpaceX President Shotwell says SpaceX aims to refly Starship’s second stage by early next year. SpaceX CFO Johnsen says ended the quarter with substantial backlog totaling $63 billion as of September 30. SpaceX CFO Johnsen says ended the quarter with backlog totaling $63 billion as of September 30. SpaceX CFO Johnsen says on track to deliver our previously stated goal of $100 billion in ARR. SpaceX CFO says expect Q4 capital expenditures to now be in the range of $35 billion to $40 billion for Q4.

SpaceX CEO Musk says aspiration is to reach volume production around Q3 of 2028 at Terafab at Gibbons Creek. SpaceX CEO Musk says expect make our first test chip functional in approximately May or June of next year. SpaceX CEO Musk says have a plan to get to incremental 20 gigawatts of power and cooling by end of next year.

SpaceX CEO Musk says Co and Tesla have formed special committees to discuss merger. SpaceX CEO Musk says he thinks a merger with Tesla would be a good idea. Musk says “smart move” for SpaceX is to do short term contracts renting out AI data centers.