埃隆·马斯克表示，SpaceX 对美国政府资助合同的依赖将继续下降，这标志着这家火箭发射公司的重心正从曾经最重要的合作伙伴关系转移。
SpaceX’s reliance on US government-funded contracts will continue to shrink, Elon Musk said, signaling a shift in focus away from what was previously his rocket-launch company’s most important partnership.
马斯克在其 X 社交媒体平台上回复一位用户时称，SpaceX 合作的政府机构付款将占公司本季度收入的 10% 以下。相比之下，最近一个季度这一比例为 16.6%。
Payments from the government agencies that SpaceX works with will make up less than 10% of the company’s revenue this quarter, Musk said in response to a user on his X social media platform. That compares with 16.6% in the most recent quarter.
这延续了 SpaceX 与美国国家航空航天局（NASA）及国防部合同收入的持续下降趋势，这两个机构过去曾是该公司最赚钱的合作伙伴。这也凸显了 SpaceX 对租用其数据中心算力的少数客户的依赖——这是一种 AI 新云业务策略，华尔街近期已对此转为看衰。
It continues a steady downward financial trend for SpaceX’s contracts with NASA and the Department of Defense, which previously used to be the company’s most lucrative partnerships. It also underscores SpaceX’s reliance on the handful of customers leasing its data center computing power — an AI neocloud business strategy Wall Street has recently turned against.
SpaceX 已成为美国航天计划的中坚力量，并从为 NASA 和五角大楼发射宇航员及重要国家安全卫星的众多合同中获益。竞争对手承包商也曾抱怨，国防部量身定制合同条款过于狭窄，导致只有 SpaceX 能中标。
SpaceX has become the backbone of the US space program and has benefitted from numerous contracts to launch astronauts and important national security satellites for NASA and the Pentagon. Rival contractors have also complained the Defense Department is tailoring contracts so narrowly that only SpaceX can win.
马斯克此前曾预测，作为 SpaceX 历史上最大客户的 NASA，今年将仅占公司收入的 5%。SpaceX 仍持有与 NASA 的关键合同，计划最早于 2028 年用其“星舰”火箭将人类送上月球。
Musk previously predicted that NASA, historically SpaceX’s biggest customer, would only make up 5% of the company’s revenue this year. SpaceX still holds a key contract with NASA to send humans to the moon on its Starship rocket as early as 2028.
马斯克做出这一收入预测仅在民主党重新夺回众议院和参议院控制权几天之后。这位亿万富翁斥资超过 4.45 亿美元支持共和党，此举可能使其旗下公司及其与联邦政府的关系在新一届国会面临风险。
Musk made his revenue forecast just a few days after Democrats regained control of both the House and the Senate. The billionaire spent more than $445 million in support of the Republican party, a move that could put his companies and their relationship with the federal government at risk with the incoming Congress.
2025 年，SpaceX 合作的所有政府机构合同合计约占公司收入的五分之一。但 Anthropic 现已成为公司单一最大客户，贡献了超过三分之一的收入。
In 2025, contracts from all of the government agencies SpaceX works with comprised roughly one-fifth of the company’s revenue. But Anthropic is now the company’s single biggest customer, providing more than a third of revenue.
SpaceX 在过去几个季度一直在调整其收入结构，减少对政府合同的依赖，转而拓展其 AI 业务的更多业务。
SpaceX has been shifting its revenue mix over the past quarters, moving away from its reliance on government contracts and instead picking up more business in its AI unit.
包括马斯克在内的高管在上一次财报电话会上表示，SpaceX 正看到来自其位于田纳西州孟菲斯数据中心算力的需求增加。这一需求帮助 SpaceX 的 AI 业务本季度首次实现盈利。
Executives, including Musk, said during the last earnings call that SpaceX was seeing increased demand for its computing power out of its data centers in Memphis, Tennessee. That demand helped SpaceX turn a profit in its AI business for the first time this quarter.
SpaceX 最大的客户 Anthropic 可能最早在明年经过通知期后退出与该公司的协议。马斯克的公司还与其他科技公司签有合同，包括 Alphabet Inc. 旗下的 Google。
SpaceX’s biggest customer Anthropic could exit its agreement with the company as early as next year after a notice period. Musk’s firm also has contracts with other tech firms, including Alphabet Inc.’s Google.
马斯克此前曾试图通过强调公司同时拥有发射和连接业务的收入，将 SpaceX 与其他新云和科技公司区分开来。但根据财报，AI 收入的增长已超越了其他两个业务部门。
Musk has previously sought to differentiate SpaceX from other neocloud and tech firms by saying the company also had revenues from its launch and connectivity businesses. But the increase in AI revenues has already surpassed the other two units, according to the earnings report.