Elon Musk's SpaceX Poured $7.7 Billion Into AI Last Quarter. Here's the Bet Behind Its Widening Losses.
The rocket company's IPO prospectus shows where the money is really going.
Overview
In the first quarter of 2026, SpaceX (NASDAQ: SPCX) spent $7.7 billion building out AI infrastructure. That was more than three-quarters of the company's entire $10.1 billion capital budget for the period.
That is a staggering bet.
Details
Will the gamble be worth it? Or is it setting up SpaceX to burn cash faster than the business can replace it?
Image source: Getty Images.
Source
Originally published at www.fool.com.
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