SpaceX Invests $7.7 Billion into AI Infrastructure Amid Widening Losses
In Q1 of 2026, SpaceX allocated over three-quarters of its $10.1 billion capital budget to its AI segment, which is primarily xAI, a startup acquired by Elon Musk in February. The significant investment led to an operating loss of about $1.9 billion for the quarter despite generating positive adjusted EBITDA.
Tickers: $SPCX
Topics: AI infrastructure Capital spending Musk's xAI SpaceX financials