SpaceX reported a 92% year-on-year increase in revenues for the second quarter to 7.8 billion US dollars, driven by a 66% rise in connectivity revenues and a 247% rise in AI revenues.
However, capital spending for the quarter rose more than sixfold to 18.4 billion dollars, with investments in AI accounting for 15.8 billion dollars of that. SpaceX said it has expanded compute capacity to 1.4 GW, up from 0.4 GW a year ago, "with the continued build-out of Colossus II (a large data centre in Tennessee) and with significant incremental capacity under construction." source: SpaceX statements
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