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Live News EQUITY ARTICLE M impact

SpaceX Capital Spending Nearly Triples to Almost $20 Billion

SpaceX spent $16.4 billion on capital expenditure for AI, which it calls SI, more than double the amount. Capex for its space business rose to $1.6 billion; overall capex increased from $6.9 billion in the same period last year.

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SpaceX more than doubled capital spending on AI, which it calls SI, to 16.4 billion. That exceeded capital spending on its space business, which increased to 1.6 billion. Overall capital expenditure climbed to nearly 20 billion, up from 6.9 billion in the same period last year.