SpaceX's AI Spending Unnerves Wall Street Despite Promises of Quick Payoff SpaceX has long been known for pushing the boundaries of what's possible in space exploration and technology.
However, its latest venture into artificial intelligence is raising concerns among investors, who are scrutinizing the company's significant spending on AI research and infrastructure.
The numbers are stark: In the second quarter alone, SpaceX spent $18. 4 billion on capital expenditures, with over 80% of that going toward AI development.