quote: $SPCX SAYS SEES 1 YEAR PAYBACK ON COMPUTE CAPEX --> "The incremental revenue from new hosting deals generated high incremental EBITDA margins. As we monetized available compute capacity. We ended the second quarter with 1.4GW of nameplate compute, up from one gigawatt in Q1 and and 400MW a year earlier. We expect to end this this year at over two gigawatts of compute capacity... ...The current economics have translated into a less than one year payback on our new capital deployments for compute. For example, in the first few weeks of the third quarter, we've already contracted an additional $6.7 billion of cloud services revenue over a six month period that begins ramping starting in October of this year. We believe this puts us on a trajectory including contribution from Cursor to reach 100 billion of RR, or annualized revenue run rate, by the end of this year, based on our expected revenue in the month of December of this year.... ...our tentative target is to actually have 20GW of the power and cooling, uh, level online by the end of next year. Now, I don't think we're going to achieve 20 20GW, but we want to have, um, a series of projects that cumulatively come to 20GW by the end of next year." | "With grok five, which should be out before the end of this year, we will be incorporating the entire corpus of SpaceX data, basically all the data that SpaceX has ever produced, um, which is a tremendous amount over the course of a quarter century, will be incorporated into grok training. And we think this will make grok by far the best engineer." "We expect to end this year with over two gigawatts of compute, and probably our cumulative compute online by the end of next year will be several times higher. It may, let's say, be closer to ten gigawatts of compute than five gigawatts of compute. That's a way to think about it. And going forward, we've decided to build exclusively on Nvidia, because we think the Vera Rubin architecture is the best architecture."

quote: $SPCX SAYS SEES 1 YEAR PAYBACK ON COMPUTE CAPEX --> "The incremental revenue from new hosting deals generated high incremental EBITDA margins. As we monetized available compute capacity. We ended the second quarter with 1.4GW of nameplate compute, up from one gigawatt in Q1 and and 400MW a year earlier. We expect to end this this year at over two gigawatts of compute capacity... ...The current economics have translated into a less than one year payback on our new capital deployments for compute. For example, in the first few weeks of the third quarter, we've already contracted an additional $6.7 billion of cloud services revenue over a six month period that begins ramping starting in October of this year. We believe this puts us on a trajectory including contribution from Cursor to reach 100 billion of RR, or annualized revenue run rate, by the end of this year, based on our expected revenue in the month of December of this year.... ...our tentative target is to actually have 20GW of the power and cooling, uh, level online by the end of next year. Now, I don't think we're going to achieve 20 20GW, but we want to have, um, a series of projects that cumulatively come to 20GW by the end of next year." | "With grok five, which should be out before the end of this year, we will be incorporating the entire corpus of SpaceX data, basically all the data that SpaceX has ever produced, um, which is a tremendous amount over the course of a quarter century, will be incorporated into grok training. And we think this will make grok by far the best engineer." "We expect to end this year with over two gigawatts of compute, and probably our cumulative compute online by the end of next year will be several times higher. It may, let's say, be closer to ten gigawatts of compute than five gigawatts of compute. That's a way to think about it. And going forward, we've decided to build exclusively on Nvidia, because we think the Vera Rubin architecture is the best architecture."

Source:https://x.com/matthew_sigel/status/2084748108643361209