SpaceX Doubles Revenue Driven by AI Compute Deals and Starlink Growth
SpaceX reported a doubling of its revenue compared to the same period last year, according to its first quarterly earnings release since the company went public in June. The strong financial performance was driven in part by compute infrastructure deals with AI firms Anthropic and Google. Starlink, the company's satellite internet service, also contributed significantly to the revenue growth. The earnings report marks a milestone as it is the first such disclosure since SpaceX transitioned to a publicly traded company.
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