Updated

SpaceX is edging closer to an ambitious $100 billion revenue target, according to new reporting, with a newly disclosed computing-power deal cited as a factor helping the company move toward that goal. The report adds to ongoing investor and industry attention on SpaceX's expanding commercial footprint beyond its core launch business. The disclosure comes amid continued private-market interest in SpaceX's valuation and diversification into new revenue streams, including ventures adjacent to computing infrastructure. Details on the specific computing deal driving the milestone estimate were limited in initial reporting.