See what 10M+ investors are talking about. Get the Stocktwits Daily Rip for what retail is watching right now, free to your inbox<\/a> <\/p>\nAmazon, Microsoft, Google, and Oracle already provide capacity to the Pentagon. The potential detail would give the United States Department of Defense more cloud-computing resources to support AI applications across the National Security Agency and warfighters. <\/p>\n
SpaceX, meanwhile, is planning a major expansion of its cloud-computing efforts, including competing directly with providers like CoreWeave by offering its computing capacity at lower prices, the report said. <\/p>\n
SPCX shares closed down 5.5% on Friday, and clocked its sixth consecutive day in the red. <\/p>\n
SpaceX AI Efforts <\/p>\n
SpaceX acquired Elon Musk’s xAI earlier this year and went public in June. The company subsequently integrated Grok AI models and data centers into its business under the segment now called SpaceXAI. The company has rapidly built massive data centers in Memphis and has also touted putting up data centers in space to resolve the ongoing computing shortage. <\/p>\n
SpaceX has already signed cloud-computing deals with Anthropic, Google, and Reflection AI in recent months to rent out data-center capacity for running AI models. Combined, the three deals represent roughly $27\u201328 billion in annualized revenue at full rates. All contracts include flexibility clauses allowing early termination, reflecting the fast-moving AI sector. <\/p>\n
How Did SPCX Retail Traders React? <\/p>\n
On Stocktwits, retail sentiment around SPCX stock stayed within the ‘bearish’ territory over the past 24 hours, while message volume was ‘low.’ <\/p>\n
A Stocktwits user opined that the potential deal would push the stock above its IPO price yet again. <\/p>\n","protected":false},"excerpt":{"rendered":"Amazon, Microsoft, Google and Oracle already provide capacity to the Pentagon. SpaceX is planning a major expansion of…\n","protected":false},"author":2,"featured_media":531685,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[365,7664,8266,414,363,364,14868,367,111,139,69,1503,145,169027,262347],"class_list":["post-531684","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-ai-applications","tag-ai-company","tag-amazon","tag-artificial-intelligence","tag-artificialintelligence","tag-data-center","tag-google","tag-new-zealand","tag-newzealand","tag-nz","tag-spacex","tag-technology","tag-the-pentagon","tag-united-states-department-of-defense"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/531684","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=531684"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/531684\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/531685"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=531684"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=531684"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=531684"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}