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SpaceX, in First Earnings After IPO, Reports Soaring AI Spending

NYTimes Technology • Tue, 04 Aug 2026

SpaceX, in First Earnings After IPO, Reports Soaring AI Spending

Elon Musk’s rocket company said its capital expenditures jumped nearly seven times from a year ago. Revenue also rose.

What happened?

Elon Musk’s rocket company said its capital expenditures jumped nearly seven times from a year ago. Revenue also rose.

Story details

Elon Musk’s rocket company said its capital expenditures jumped nearly seven times from a year ago.

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Original source

https://www.nytimes.com/2026/08/04/technology/spacex-earnings-elon-musk.html