SpaceX's latest financial report shows that its AI computing power business revenue significantly surpasses the aerospace sector. SpaceX's latest quarterly financial report shows that as the company significantly expands its artificial intelligence computing power infrastructure business, its AI department's single-quarter revenue has increased to US$2.6 billion, a year-on-year increase of more than three times, successfully surpassing the space launch sector and becoming the core source of the

SpaceX's latest financial report shows that its AI computing power business revenue significantly surpasses the aerospace sector. SpaceX's latest quarterly financial report shows that as the company significantly expands its artificial intelligence computing power infrastructure business, its AI department's single-quarter revenue has increased to US$2.6 billion, a year-on-year increase of more than three times, successfully surpassing the space launch sector and becoming the core source of the company's business value. However, due to the dual impact of computing power expansion and aerospace R&D investment, the company is still in a state of loss as a whole. Financial report data shows that SpaceX achieved the largest IPO in history last quarter. In the business structure, the company is mainly divided into three major sectors: aerospace, artificial intelligence, and the "network connection" business mainly based on Starlink. This quarter, the aerospace business achieved revenue of US$962 million, and SpaceX itself is still its largest customer for rocket launches; the Starlink network connection business contributed US$4.2 billion in revenue, and is still the only profitable segment of the company. The explosive growth of the AI ​​business is mainly due to computing power leasing transactions. In May and June of this year, SpaceX reached cooperation agreements with Anthropic and Google to provide them with AI computing power support, which allowed them to directly compete with new computing power cloud service providers such as CoreWeave. Even though its previous large-scale Grok model encountered setbacks in research and development and market competition, the company still quickly adjusted its business path by leasing the computing power of its original self-built data center to external parties and planning to acquire the enterprise-level AI product company Cursor. However, rapid expansion also brings heavy financial burdens. SpaceX’s capital expenditures this quarter reached US$18.37 billion, and the AI ​​department’s single-quarter loss reached US$1.5 billion. Elon Musk said at the investor meeting that the company is building a large-scale AI computing center faster than its opponents and continues to optimize related models. In addition, R&D investment in the aerospace field increased by US$389 million year-on-year, mainly focusing on the advancement of the heavy-duty launch vehicle "Starship". The current research and development of starships is crucial for the deployment of the next generation of heavy-duty Starlink satellites. Only by increasing the payload capacity of a single launch can the profit scale of the network connection business be further expanded. Taking into account the performance of various businesses, SpaceX’s net loss this quarter has narrowed to US$143 million, and its financial situation is better than market expectations. However, given the huge investment in space data centers and huge computing power networks, as well as the volatile stock price after hours, the market remains cautious about the company's expensive technology roadmap. Related Articles: Musk Announces SpaceX’s Exclusive Use of Nvidia GPUs in Space AI Data Centers Because It’s the “Best” via cnBeta.COM -