SpaceX made more revenue as an AI company than a space company
AI Summary
SpaceX's AI revenue increased significantly, reaching $2.6 billion, primarily due to deals with Anthropic and Google to provide computing resources. Despite this growth, the AI division reported a loss of $1.5 billion in the quarter, indicative of ongoing financial challenges.
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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. SpaceX made deals with Anthropic in May and Google in June to provide compute to the other two A
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