U.S. Stock Movement | SpaceX (SPCX.US) rose over 5% as Musk stated that AI will account for 99% of SpaceX's value in five years.

Zhitong Financial APP reports that on Wednesday, SpaceX (SPCX.US) rose more than 5% in early trading, accumulating nearly a 30% increase from its listing low, now priced at $140.13. In terms of news, Musk announced at a SpaceX all-hands meeting that AI revenue will "certainly" surpass all other business revenues from SpaceX for the first time in September, and set a goal for AI computing power to reach 10 gigawatts by the end of next year, which corresponds to a potential annual revenue of $300 billion to $500 billion. He proclaimed, "We must achieve victory in AI; the future will be a world of AI and robotics." This also serves as his clearest timeline and scale forecast for SpaceX's AI business.