BusinessPhoto: Open MagazineSpaceX Revenue Soars 161% to $14.6 Billion Led by AI and Starlink
SpaceX reported a 161% increase in revenue, reaching $14.6 billion, with a quarterly profit of $4.4 billion. Growth was driven by computing services, adoption of Grok AI, and expansion of Starlink. The company’s capital spending also rose significantly to $19.6 billion, reflecting heavy investment in its business operations.
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