TechSpaceX is barely Space and mostly X

The article questions whether the combined business should still be called SpaceX. The author had previously wondered why Elon Musk’s healthier company acquired his weaker xAI. SpaceX’s first quarterly earnings statement suggests that, measured by revenue, the overall business is primarily a telecommunications company and a provider that rents out computing capacity. That framing casts doubt on how much of the operation is now actually centered on space.

SpaceXxAIElon Musktelecommunicationscloud computing

TThe Verge★★☆☆☆2026-08-05 16:35Original