AIThe Registerabout 2 hours ago
SpaceX revenue rockets while AI spending burns billions
3 min read
SpaceX's first public results showed total revenue of $7.8 billion for the quarter ended June 30, up from $4.7 billion, but AI capital expenditure of $15.8 billion and a $1.3 billion AI operating loss rattled investors. Shares fell about 10 percent to $110.95 in pre-market trading.
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