AI & Enterprise
SpaceX to spend up to 53 trillion won on AI infrastructure, says payback under a year
SpaceX is expanding investment in artificial intelligence infrastructure, its third-quarter results show. The company spent $16.4 billion in AI-related capital expenditure and forecast total capital spending of $35 billion to $40 billion this quarter as new computing facilities come online. CFO Bret Johnsen said the new facilities could recoup investment in less than a year at current prices. Third-quarter AI revenue topped estimates and exceeded Starlink revenue for the first time on a quarterly basis.
