TechWall Street Journal54m ago
SpaceX reports Q3 capex of $19.6B, up from $6.9B a year earlier, and Q3
SpaceX reports Q3 capex of $19.6B, up from $6.9B a year earlier, and Q3 connectivity revenue, which includes Starlink, up 69% YoY to $5.2B
TL;DRSpaceX tripled capex to $19.6B; Starlink revenue jumped 69% while AI revenue surged 830%.
Why it matters: Massive spending signals SpaceX's pivot toward AI and infrastructure, reshaping its business beyond rockets.
Artificial intelligence revenue surges around 830% while capital spending on data center build-out and developing new technology continues
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