SpaceX Q2 capex hits $18.4B, with $15.8B for AI
SpaceX reported $18.4B in second-quarter capital expenditures, up from $2.8B a year earlier, including $15.8B allocated to AI. The scale marks a sharp pivot toward AI infrastructure alongside its aerospace and connectivity businesses.
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Original reporting: 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)