From rockets to data centers: SpaceX's US$15.8B AI bet reshapes its post-IPO investment story

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From rockets to data centers: SpaceX's US$15.8B AI bet reshapes its post-IPO investment story

SpaceX's first quarterly report as a public company revealed that its fastest-growing business is no longer confined to rockets or satellite broadband. Instead, artificial intelligence has emerged as the company's largest investment priority, absorbing most of its capital expenditure while rapidly developing into a new source of cloud infrastructure revenue.

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