SpaceX CFO: Signs $6.7B in Cloud Service Contracts in Q3, on Track to Hit $100B ARR by Year-End
SpaceX CFO Bret Johnsen disclosed during this morning’s earnings call: "In the first few weeks of Q3, we have already signed an additional $6.7 billion in cloud service contract revenue (over a 6-month term, gradually ramping up starting this October). We believe that, including contributions from Cursor and based on our expected revenue for December this year, this will bring us to $100 billion in ARR (annual recurring revenue) by the end of the year."
