SpaceX's Colossus supercomputers are set to be its biggest source of revenue, with the massive data centers bringing in more than $25 billion run rate revenue by the end of the year. SpaceX is three businesses: the core space business (including Falcon 9 and Starship), the connectivity segment Starlink (which generates the majority of revenue and is profitable), and the AI business from its merger with xAI (which is losing billions of dollars a year). In the first quarter of 2026, revenue growth slowed to just 15.4%, reaching $4.7 billion in revenue, and it reported an operating loss of $1.9 billion, compared to a profit of $27 million in the quarter a year ago. Since the quarter ended, SpaceX signed a deal with Anthropic to use all computing capacity at its Colossus 1 data center (more than 300 megawatts or 220,000 Nvidia GPUs), with Anthropic paying approximately $1.25 billion a month, or about $15 billion a year, through May 2029. SpaceX also signed an agreement with Alphabet, renting computing capacity to Google for $920 million per month for 32 months through October 2029, with access to 110,000 Nvidia GPUs. Those agreements alone will bring in about $26 billion in new revenue, more than double from the $18.7 billion it brought in in 2024.