Keep pulling the thread on Bloomberg Intelligence.
Broadcom is projected to grow its top-line revenue by over 60% annually for at least the next two to three years.
Anthropic has a $200 billion contract with Google for its TPUs, which extends through 2030.
Approximately 80% of incremental spending in AI is currently being directed towards coding agents.
SpaceX is seeking to raise $75 billion in its IPO at a potential market capitalization of $1.8 trillion.
The SpaceX IPO will use a super-voting stock structure that gives Elon Musk complete control of the company.
Elon Musk has seemingly endorsed the concept of merging SpaceX with Tesla in the future.
SpaceX will require tens or hundreds of billions of dollars in capital expenditures to fund its ambitions for AI, space-based data centers, and asteroid mining.
Gene Munster believes SpaceX is a fundamental, generational company to own for the long term due to its creation of a sovereign AI company.
SpaceX has a revenue target of $1 trillion for the year 2030, a significant increase from its projected $40 billion in revenue this year.
Gene Munster asserts that SpaceX's largest revenue opportunity is in AI, not its traditional space and rocket business.
Broadcom manufactures the majority of Google's TPUs through a partnership.
Broadcom's stock price declined because the company did not raise its financial guidance despite the announcement of Anthropic's large contract with Google.