SpaceX has more neocloud revenue
She joined The Verge in 2014 as science editor. Previously, she was a reporter at Bloomberg.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 increased presence in AI is also driving the company to spend more — capital expenditures reached $18.37 billion.SpaceX is still losing money, but the loss this quarter narrowed to $143 million dollars.
- ▪She joined The Verge in 2014 as science editor.
- ▪Previously, she was a reporter at Bloomberg.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 q
- ▪The increased presence in AI is also driving the company to spend more — capital expenditures reached $18.37 billion.SpaceX is still losing money, but the loss this quarter narrowed to $143 million dollars.
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| Original publisher | The Verge |
| Canonical URL | https://www.theverge.com/science/975335/spacex-made-more-money-as-a-neocloud |
| Publication time | 2026-08-04T16:47:55-04:00 |
| Retrieval time | 2026-08-04T20:50:44.377Z |
| Last seen | 2026-08-04T20:50:44.377Z |
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| Summary | WeSearch · cerebras-chat (WeSearch summarizer) |
| Summary source text | contentText |
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| Cluster | gVaO1H0a9K9M · 1 stories |
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| Publisher visit | Yes — open original |
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ScienceCloseSciencePosts from this topic will be added to your daily email digest and your homepage feed.FollowFollowSee All ScienceAICloseAIPosts from this topic will be added to your daily email digest and your homepage feed.FollowFollowSee All AIBusinessCloseBusinessPosts from this topic will be added to your daily email digest and your homepage feed.FollowFollowSee All BusinessSpaceX has more neocloud revenueBut it’s still losing money overall.But it’s still losing money overall.by Elizabeth LopattoCloseElizabeth LopattoSenior ReporterPosts from this author will be added to your daily email digest and your homepage feed.FollowFollowSee All by Elizabeth LopattoAug 4, 2026, 8:47 PM UTCLinkShareGiftImage: NurPhoto via Getty ImagesElizabeth LopattoCloseElizabeth LopattoPosts from this…
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