SpaceX Stock Prices Rise 2%; Musk Pays Attention to Data from Failed Startups for Training AI Models
2026-09-18 00:43:40
According to CoinMeta, SpaceX's stock price rose by 2%, breaking through $154, as the company explores purchasing data from failed startups to train AI models and expand its AI business. The internal team is discussing the possibility of acquiring customer and operational information from these companies, although negotiations are still in an informal stage. As AI seeks proprietary datasets outside of the public internet to improve its models, this strategy of SpaceX becomes particularly important. SPCX's stock continued the 5.2% increase from the previous trading day on Thursday, with investors maintaining interest in SpaceX's rapidly growing AI business. Failed startups may provide AI developers with real-world business information, including customer interactions and operational records. SpaceX's interest is similar to Google's proposal to acquire $10 million worth of business data for Spirit Airlines, which sparked discussions about how to handle customer and employee information. Chief Financial Officer Bret Johnsen revealed that SpaceX recently signed a managed service agreement worth approximately $1.1 billion, which is expected to generate around $13 billion in recurring revenue annually.
Source:Coinpaper
This content is for market information only and does not constitute investment advice.
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