SpaceX's 20% pay rise for temporary relocation: How Elon Musk's AI data centre expansion is driving hiring needs
New Delhi, Oct. 22 -- Elon Musk-led SpaceX is offering employees a 20% pay premium to relocate temporarily to Memphis, Tennessee, or Southaven, Mississippi, for six weeks as the company accelerates the expansion of its artificial intelligence (AI) data centres, according to a report by Business Insider.
The incentive is aimed at staffing the expansion of the company's Colossus supercomputer infrastructure, as demand for computing capacity grows. SpaceX's AI business, which includes renting computing resources to companies such as Anthropic and Google, has emerged as a significant contributor to its revenue.
On Tuesday, the company reported that its AI business generated $7.56 billion in revenue in the third quarter, accounting for more ...
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