Musk Praises Micron as 26 Deals Could Cover More Than 35% of Revenue

Elon Musk, Tesla and SpaceX CEO, praised Micron’s approach to future memory pricing on Oct. 13, as 26 customer agreements were expected to represent more than 35% of the company’s revenue through 2030. He posted his comment on X in response to a post about memory pricing. “Micron has been reasonable regarding future memory prices, while others have been extortionate,” Musk wrote. He added that customers would remember the difference and that Micron’s approach supported long-term loyalty. Micron has signed 26 customer agreements estimated to account for more than 35% of revenue through 2030. Price bands that set upper and lower limits cover about three-quarters of the agreements’ expected revenue; the rest is negotiated at market rates. Customers have committed $32 billion, mostly in cash deposits.

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