Odaily Planet Daily report: SpaceX CFO Bret Johnsen disclosed during this morning’s earnings call: “In the first few weeks of the third quarter, we secured an additional $6.7 billion in cloud services contract revenue (over a six-month period, rolling out starting this October). We believe that, including contributions from Cursor and based on our expected revenue for December, this will enable us to achieve $100 billion in ARR (annual recurring revenue) by the end of this year.”
SpaceX CFO Reveals $6.7 Billion in Cloud Service Contracts Signed in Q3, Targeting $1 Trillion in Annual Recurring Revenue by Year-End
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Summary
SpaceX CFO Bret Johnsen revealed $6.7 billion in new cloud service contracts in early Q3, a six-month agreement beginning in October. With Cursor’s contribution, the company is on track to achieve $1 trillion in annual recurring revenue by year-end. On-chain data shows rising interest in space-based infrastructure. Crypto news highlights the expanding role of private aerospace in digital ecosystems.
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