SpaceX made more revenue as an AI company than a space company

6 billion from the year before, mostly because of deals that the company made to provide compute to other AI companies, according to SpaceX's quarterly earnings. 5 billion this quarter, slightly less than in the same quarter last year. SpaceX made deals with Anthropic in May and Google in June to provide compute to the other two AI companies, putting it in competition with other neoclouds such as CoreWeave .

The increased presence in AI is also driving the company to spend mor … Read the full story at The Verge.