#finance

Morgan Stanley, one of the lead underwriters, projects SpaceX revenue of $160 billion in 2028, $330 billion in 2030, and $3.4 trillion by 2040, with adjusted EBITDA projected to exceed $2.7 trillion at that point. Reaching those numbers from SpaceX’s $18.7 billion in 2025 revenue requires a compound annual growth rate of roughly 42%, which would outpace even Amazon’s fastest growth era. Morgan Stanley’s model places AI infrastructure as the heaviest revenue driver, projecting $190 billion from SpaceX’s AI business alone by 2030. That figure is anchored to xAI’s Grok platform and the Colossus supercomputer following the earlier merger.

x402 is an open, neutral standard for internet-native payments. It absolves the Internet's original sin by natively making payments possible between clients and servers, creating win-win economies that empower agentic payments at scale. x402 exists to build a more free and fair internet.

OpenAI and Anthropic are competing for partnerships with buyout firms that would allow them to quickly roll out their AI tools to ​potentially hundreds of private, established companies owned by buyout firms. This would boost adoption of their models and encourage customer stickiness at scale.

OpenAI is ‌offering private-equity firms a guaranteed minimum return of 17.5%, significantly higher than typical preferred instruments, two people familiar said. It is also offering early access to its newest AI models as it seeks to enlist investors like TPG and Advent for its joint venture, three sources said.

While on-time mortgage payments are known to increase one’s credit score, many renters don’t have any history of credit. Esusu reports on time rent payments to credit bureaus so renters can build their scores. Over 50 million Americans lack a credit history with the three major credit bureaus: Experian, Equifax and TransUnion.