SemiAnalysis: SpaceX 2027 or more, with an annual revenue of $300 billion

SemiAnalysis reports that SpaceX will be feasible to add more than 10 GW by 2027. Mask states that SpaceX conservatively aims to deliver between 6 and 8 GW increments in 2027, with upload space exceeding 10 GW. On the basis of capital expenditure of approximately $50 billion per GW, capital expenditure in 2027 or between $30 billion and $500 billion. The Semianallysis model shows that OpenAI and Anthropic, when providing API reasoning services in the GB300 cluster, can generate more than $100 billion per GW per year; the annual cost per GPU is about $12 billion at $3 per hour lease price. SemiAnalysis estimates that Microsoft signed a $250 billion infrastructure agreement with OpenAI in October 2025 corresponding to about 7 GW calculus, and Microsoft signed about 3 GW with SpaceX, with a total value of about $150 billion. SemiAnalysis predicts that SpaceX annual recurrent revenue will reach $30 billion by the end of 2027。