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The Verge

SpaceX made more money as a neocloud

Tuesday, August 4, 2026


SpaceX's AI division revenue reached $2.6 billion in the most recent quarter, more than triple the previous year's figure, according to the company's quarterly earnings report. The growth came primarily from contracts providing computing services to other artificial intelligence companies. SpaceX did not disclose the specific clients or terms of these agreements in its public filings.

Original reporting: https://www.theverge.com/science/975335/spacex-made-more-money-as-a-neocloud

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