▶ 12:24 · $UBER · Gross bookings accelerated 22% QoQ, consumer healthy, driver earnings up 8% YoY

episode briefing

SpaceX's AI Push, Uber's Next Move and Zoox's Milestone | Bloomberg Tech 8/5/2026

2026-08-05 · 16 company · 14 thematic

sentiment

11 bull0 bear5 neu

speakers

CEO of Uber, where he has led the company through its transition into a global mobility, delivery and logistics platform. Previously CEO of Expedia.

edison yu

Deutsche Bank analyst with buy rating on SpaceX ($235 price target). Models $100B ARR by year-end driven by Starlink and cloud services. Sees Starship flying 15-20 times next year.

ian

Covers semiconductors and technology from San Francisco, focusing on memory market dynamics, capacity cycles, and US-China tech competition.

aicha evans

Zoox CEO announcing first paid fares for steering-wheel-free robotaxi in Las Vegas. Takes measured approach to scaling toward 5,000 permitted vehicles. Confident in beating 50% utilization benchmarks.

ed ludlow

Ed Ludlow hosts Bloomberg Tech from San Francisco, covering technology, finance, and innovation with a focus on AI, semiconductors, and venture capital.

hannah miller

Analyst covering Paramount's surprise profit surge from SkyDance merger and Warner Bros deal progress with 65 regulatory approvals.

quote

“THE GROSS BOOKINGS RESULTS WE HAD UP 22% IN THE QUARTER WERE ACTUALLY VERY HEALTHY AND REPRESENTED QUARTER ON QUARTER ACCELERATION. ALL SIGNS POINT TO A HEALTHY CONSUMER. IN THE U.S., DRIVER EARNINGS ARE UP 8% ON A YEAR ON YEAR BASIS.”

—dara khosrowshahi

now playing · $UBER

$SPCX···bullish· high· posedison yu

Deutsche Bank sees $100B ARR achievable by year-end driven by cloud services

Edison Yu models SpaceX's cloud business at $40B+ run rate by December with Cursor and other AI assets pushing toward $60B, making the $100B ARR target credible without needing St…

$CURSORbullish· lowedison yu

Cited as fast-growing contributor to SpaceX AI segment revenue trajectory toward $100B ARR

Edison Yu includes Cursor as a contributor to SpaceX's AI revenue run rate, noting Bloomberg has reported it's running at a very fast growth rate, helping bridge the gap to $100B…

$GROKneutral· lowedison yu

Part of SpaceX AI segment alongside X advertising and Cursor, contributing to revenue trajectory

Edison Yu lists Grok as one of the AI assets within SpaceX's segment, alongside X advertising business and Cursor, contributing to the overall revenue run rate calculation.

$NVDA···bullish· mediumedison yu

SpaceX selects Nvidia architecture for orbital data centers; Uber calls Nvidia huge partner for physical AI

Edison Yu notes SpaceX decided to go with Nvidia architecture for orbital data center prototypes, while Khosrowshahi highlights Nvidia's physical AI model release as a major ecosy…

$SPCX···bullish· highedison yu

Deutsche Bank models SpaceX at one-third of Musk's $1T target with buy rating

Edison Yu maintains buy rating with $235 price target, modeling roughly $330B revenue by 2030 versus Musk's $1T claim, citing Starship cadence of 15-20 flights next year as key dr…

$UBER···bullish· medium· posdara khosrowshahi

Gross bookings accelerated 22% QoQ, consumer healthy, driver earnings up 8% YoY

Khosrowshahi reports mobility and delivery both accelerated quarter-on-quarter, 300M trips/week, strong profitability, no consumer slowdown signals, and US driver earnings up 8% y…

$UBER···bullish· highdara khosrowshahi

Khosrowshahi bets on multi-winner robotaxi ecosystem, targeting 15 markets by year-end

Uber will be the demand platform for all safe robot drivers, not dependent on Waymo; compares AV market to foundation models where multiple winners emerged (OpenAI, Anthropic, xAI…

$WAAVEbullish· lowdara khosrowshahi

Received NHTSA approval for robot vehicles and London testing approval, part of Uber ecosystem

Khosrowshahi mentions Waave got NHTSA approval to run innovative robot vehicles and approval for testing operations in London, adding to Uber's multi-partner robotaxi ecosystem.

$WAYMOneutral· mediumdara khosrowshahi

Uber CEO calls Waymo commercial robotaxi leader but insists on multi-partner strategy through 2028

Khosrowshahi acknowledges Waymo's lead in US deployments but emphasizes Uber's philosophy of not depending on any single partner, with non-exclusive contracts in Austin and Atlant…

$SPCX···neutral· lowdara khosrowshahi

Mentioned with Grok and Cursor as emerging foundation model competitor in robotaxi analogy

Khosrowshahi references xAI coming in with Grok and Cursor as a great combination in the foundation model space analogy, suggesting multiple winners in AI like in autonomous vehic…

$SHOP···bullish· lowed ludlow

Stock surging with topline growth above 60%, astonishing momentum in e-commerce

Ed Ludlow highlights Shopify's exceptional topline growth above 60% and stock surge, noting it continues to have remarkable momentum in the e-commerce space.

$AMD···neutral· mediumian

AMD's MI300 accelerator claimed better than NVIDIA but timing uncertain as CPU demand surges

Data center business guided to more than double but Street wants specificity; MI300 accelerator said to be better than NVIDIA's offering but not yet shipping at scale; CPU demand…

$PARA···bullish· lowhannah miller

Surprise profit surge on streaming strength, SkyDance merger paying off, Warner Bros deal has 65 approvals

Hannah Miller notes Paramount's streaming platforms showed strength with hits like Dutton Ranch and UFC, SkyDance merger continues to pay off, and Warner Bros deal has received 65…

$DIS···bullish· mediumhelena wang

Phillips Securities sees IP flywheel and TikTok deal as Disney catalysts beyond streaming

Disney's unique advantage is monetizing IP across cinema, streaming, parks, and merchandise; TikTok collaboration acknowledges changed customer behavior and could drive Disney+ re…

$ZOOXbullish· highaicha evans

Zoox launches paid robotaxi service in Vegas with measured ramp targeting 50%+ utilization

First steering-wheel-free robotaxi to charge fares in US; starting Vegas Monday, then SF, Atlanta, LA; factory now producing robots per day not per week; confident utilization wil…

$SPCX···neutral· mediumgeorge ferguson

Bloomberg Intelligence sees connectivity strength but AI segment burning cash 6x faster than revenue

Connectivity grew revenue 50% and profit 46% but margins deteriorated slightly; AI segment revenue rose 1.3x while costs rose 6x, making profitability difficult; skeptical SpaceX…

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