ARK Invest projects that SpaceX could achieve $300 to $400 billion in revenue by 2030, primarily from its Starlink business.

ARK Invest believes it is more likely than not that SpaceX and Tesla will merge after the SpaceX IPO.

ARK Invest estimates that SpaceX could generate $300 billion in incremental annual revenue by launching tens of gigawatts of data center capacity, based on a market rate of $15 billion per gigawatt.

ARK Invest believes that SpaceX's Starship rocket will reduce the cost of launch to much less than $100 per kilogram.

SpaceX AI is the largest position in ARK Invest's venture fund.

ARK Invest's venture fund holds positions in OpenAI, Anthropic, and SpaceX.

SpaceX has rented AI compute capacity to Google and Anthropic at a blended average rate of just under $40 billion per gigawatt.