TechSpaceX posts first earnings report since listing, falls into loss as AI investment weighs
US space and AI company SpaceX has released its first quarterly earnings report since going public. The figures cover the three months through June this year. Satellite communications services performed strongly during the period. However, investment in AI development became a burden on the company’s finances. SpaceX ultimately reported a net loss.
SpaceX posts first earnings report since listing, falls into loss as AI investment weighs
Tech