AIThe Next Webabout 2 hours ago
SpaceX earnings show AI outearns rockets
1 min read
SpaceX's first public earnings showed AI compute and satellite internet outpacing space revenue. Revenue nearly doubled to $7.8bn, with AI bringing in $2.6bn versus $962m from space. Starlink revenue rose 66% to $4.3bn. Shares fell 11% as capital spending jumped to $18.4bn.
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