Analyst Singh says SpaceX’s acquisition of Cursor and a potential IPO could
further cement its position as an AI infrastructure provider and programming
agent. He projects xAI’s share of SpaceX revenue to rise from about 17% now to
above 50% by end-2026, with xAI sales reaching roughly $30bn by 2027. Singh adds
those sales could support a $300bn–$400bn valuation for the business unit.
