Exclusive-SpaceX conquered the stars, now eyes bigger opportunity in AI


FILE PHOTO: A SpaceX Falcon 9 rocket lifts off from the Cape Canaveral Space Force Station with a payload of Starlink satellites in Cape Canaveral, Florida, U.S., January 10, 2025. REUTERS/Steve Nesius/File Photo

NEW YORK/SAN FRANCISCO, April 23 (Reuters) - Over ⁠the last quarter century, Elon Musk revived space travel, turning cosmic exploration into thriving businesses. For its next act, Musk's SpaceX is eyeing an ⁠even bigger opportunity in something more prosaic: building artificial intelligence for the enterprise.

SpaceX estimates that its total addressable market – a closely watched ‌metric – could be as much as $28.5 trillion, according to a S-1 filing reviewed by Reuters. TAM is the maximum revenue a company could generate if it captured every customer in a particular market.

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