SpaceX Swings to a Profit, Even as A.I. Spending Soars
AI Summary
SpaceX reported a profit and said its revenue more than doubled, with growth attributed to Starlink and artificial intelligence products. The company’s results come as it continues to increase spending on AI.
Elon Musk’s rocket company also said its revenue had more than doubled, driven by its Starlink internet satellite service and artificial intelligence products.