SpaceX has more neocloud revenue
SpaceX's AI division revenue tripled to $2.6 billion, though the company continues to operate at a loss while investing heavily in compute infrastructure. High capital expenditures, particularly for the Starship program, remain a significant financial burden despite growth in AI and connectivity services.
SpaceX’s AI revenue grew more than three times to $2.6 billion from the year before, mostly because of deals that the company made to provide compute to other AI companies, according to SpaceX’s quarterly earnings. The AI division, which the company said in its documents to go public was the source of most of its value, lost $1.5 billion this quarter, slightly less than in the same quarter last year.
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