SpaceX is abandoning the foundation-model business to Anthropic and repositioning as infrastructure: a $15 billion-per-year data-center contract signals the shift. By building the transportation backbone for space commerce, SpaceX could own the entire off-Earth economy the way railroads owned terrestrial trade.
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Did SpaceX acquire XAI or did XAI reverse acquire SpaceX? Because certainly based on the TAM analysis, it looks a little bit more like the latter rather than the former with enterprise applications dominating the addressable market. I think the most interesting part in the entire prospectus was actually the bit about what Anthropic is now paying SpaceX, $15 billion per year for data center access. And by the way, in the past 48 hours,— it's not just Colossus-1 that Anthropic is paying for, it's Colossus-2 as well. This, to my eye, looks like SpaceX basically abandoning the foundation model space, handing it over to Anthropic, focusing on the infra layer, building out the Dyson Swarm. SpaceX is trying to transform itself, I think, into a Dyson Swarm version of Microsoft.
You can't think about SpaceX just from their Starlink revenue or even their launch revenue. What SpaceX is doing is opening up the space frontier and everything we hold of value, you know, metals, minerals, energy, real estate is in near infinite quantities in space. This is not just, you know, the first ships from Europe to the US. It's the galleons, it's the railroad and SpaceX. As they open up this transportation infrastructure, they're going to own the businesses all along the route. And at the end, what we're building there on the moon, in Earth orbit, in the inner solar system and beyond, they open up. The most extraordinary wealth in the universe.
