SpaceX’s AI business is now more than half its revenue. This tab tracks how much compute it has built and what it has promised. What customers pay and what could slow the build have their own tabs.
Nameplate compute in gigawatts at the end of each quarter. The marks on the last bar show the year-end 2026 guide as a range. Q4 2025 is not shown because the sources used here do not report it.
What SpaceX has said it will reach, next to what analysts expected before the Q3 call. Compare the dots with the rings, but note the analyst views are older.