Musk: SpaceX expects ARR to reach $500 billion to $1 trillion by the end of 2027.

PANews October 21 news, according to Jinshi Data, Musk said on SpaceX (SPCX)'s third-quarter earnings call that SpaceX expects annual recurring revenue (ARR) to reach $500 billion to $1 trillion by the end of 2027. Musk also said he is "fairly confident" about bringing 10 gigawatts of compute capacity online in 2027, and that the possibility of exceeding 20 gigawatts is "not zero"; SpaceX will deploy GrokBot to enterprises at scale within weeks; the 15th Starship test flight is expected to take place next month and will attempt to recover both the booster and the ship simultaneously for the first time. Previously, SpaceX reported third-quarter revenue of $14.575 billion, a year-over-year increase of 161.39%.