SpaceX 政府收入占比降至不足 10%

Q4 revenue up 70%, but watch for sustained momentum beyond the $100B annual target before adding size.

Government revenue dropping below 10% while Q4 targets jump 70% signals a real pivot away from dependency. The projection to hit $100 billion by year-end relies entirely on commercial growth in AI and satellites, not just stimulus checks. If Musk hits the $500 billion mark by 2027, that requires massive scale-up beyond current market cap. The stock rally reflects confidence in this transition, but the actual execution of these non-government contracts will determine if valuation was premature or proven.

This shift to commercial AI and satellite revenue aligns with the DeFi pivot from grant-dependent TVL growth to self-sustaining yields, potentially allowing for more aggressive capital deployment in high-risk, high-reward protocols.

SpaceX aiming for $500B revenue by 2027 really makes me feel hopeful about its future.

Q1 revenue share dips below 10%, but the 70% Q4 growth forecast keeps the bulls pushing higher on this news.