SpaceX says its Q2 capex was $18.4B, up from $2.8B a year ago, including $15.8B for AI (Micah Maidenberg/Wall Street Journal)
Investors focused on the size of SpaceX’s AI buildout, even as revenue nearly doubled.
SpaceX said capital expenditures hit $18.4 billion in Q2, with $15.8 billion tied to its AI segment. The company also listed $1.2 billion for space and $1.4 billion for connectivity. Techmeme’s roundup says SPCX fell more than 10% as the spending figure topped investor concerns. Techmeme's note
SpaceX said capital expenditures hit $18.4 billion in Q2, with $15.8 billion tied to its AI segment. The company also listed $1.2 billion for space and $1.4 billion for connectivity. Techmeme’s roundup says SPCX fell more than 10% as the spending figure topped investor concerns. Techmeme's note
score 8