Social media platform formerly known as Twitter, now owned by Elon Musk and repositioned as an 'everything app'.
“X: $1.6 billion (down 11% YoY)”
“SpaceX's AI infrastructure stands to become its single largest source of revenue in 2026—a shift from PitchBook's initial assessment in March, when launch and connectivity defined the business. Projected 2026 revenue breakdown: $16.3B from AI infrastructure (fueled by compute agreements with Anthropic and Google), $14.5B from connectivity, $5B from space, and $1.6B from X.”
“Firms like Andreessen Horowitz and Coatue invested in SpaceX, xAI and Cursor before the acquisition and are now tripling down on the Musk ecosystem. In the case of Andreessen Horowitz, it's quadrupling down after it also bet on Musk's private takeover of the social media company X.”
AI-extracted from podcast / newsletter / paper summaries. May contain errors.