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SpaceX Doesn’t Need to Beat Verizon, AT&T or T-Mobile to Disrupt Wireless, Analyst Says

BenzingaAnusuya Lahiri

SpaceX (SPCX) shares drop premarket amid a broader market slide. Get the latest analyst outlook, stock targets, and market updates.

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    SpaceX Built AI Data Centers So Fast, Some Ran Without Backup Power for Months. Now It Faces a $920 Million Deadline.

    SpaceX has encountered reliability issues while rapidly expanding its AI data center infrastructure, with some facilities operating without backup power and cooling systems for months. The company faces a September 30 deadline to deliver 110,000 Nvidia GPUs to Google under a $920 million/month contract. To address these challenges, SpaceX is reshuffling its data center leadership team with executives from its rocket and Starlink divisions, delaying new projects, and building an in-house turbine blade manufacturing facility to accelerate deployment timelines.