SpaceX AI revenue rises to $2.6 billion
Quarterly filings show compute deals with Anthropic and Google expanded SpaceX's AI business.
Why it matters
The filings show SpaceX becoming a larger seller of AI compute, competing with neocloud providers such as CoreWeave. They also suggest AI infrastructure is becoming a major part of the company's reported revenue mix.
The key points
- 1.AI revenue rose more than threefold to $2.6 billion.
- 2.Compute deals included Anthropic in May and Google in June.
- 3.The AI division lost $1.5 billion in the quarter.
SpaceX's AI revenue grew more than threefold from a year earlier to $2.6 billion, according to quarterly earnings cited by The Verge. The increase came mostly from compute deals with other AI companies, including Anthropic in May and Google in June. The AI division lost $1.5 billion in the quarter, slightly less than in the same quarter last year.
⚡ Try this today
Track SpaceX as a potential AI compute supplier when evaluating neocloud capacity options.
Sources & original reporting
This brief summarizes and links to reporting from the publishers below.
Enjoyed this brief? Get the next one in your inbox.
More in Business
Perplexity gains millions of users in India
A free Airtel offer boosted Perplexity’s India user base, while revenue later rose about 60%.
OpenAI partners with CodeAI on student AI literacy
The partnership aims to help students use, assess and shape AI responsibly.
Google wins Spirit Airlines data auction
The $10 million bankruptcy deal covers emails, Teams chats and other business records for AI use.