SpaceX's AI Division Posts $2.56 Billion Revenue Amid Increased Infrastructure Spending in First Public Earnings Report

In its first public earnings report since its IPO, SpaceX announced a 92% jump in Q2 revenue to $7.81 billion. The company's artificial intelligence division contributed $2.56 billion in revenue, exceeding expectations, but also recorded an operating loss of $1.26 billion due to significant investments in AI infrastructure.