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SpaceX posts $4.4B profit as AI revenue jumps ninefold

SpaceX posts $4.4B profit as AI revenue jumps ninefold

Photo: Cryptopolitan

SpaceX (SPCX) reported $14.58 billion in third-quarter revenue, but its reported $19.6 billion spending spree has raised questions about the cost of its aggressive expansion into artificial intelligence. According to the earnings report, revenue jumped 161% from last year, helped by rapid growth in its AI operations and satellite internet business. The company also reported...

Source: Cryptopolitan

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