Fortune

Elon Musk delivers ‘totally nuts’ plans for moon robots and insists $1 trillion revenue target will hit but capex tanks SpaceX on debut earnings

Elon Musk delivers ‘totally nuts’ plans for moon robots and insists $1 trillion revenue target will hit but capex tanks SpaceX on debut earningsWorldPing

The rocket-and-AI company posted stronger than expected revenue, but investors choked on the rapidly rising capital expenditures.

This is a short WorldPing brief. The full report was published by Fortune.

Read the full report at Fortune

Related news

The Verge

SpaceX made more revenue as an AI company than a space company

SpaceX's AI revenue grew more than three times to $2.6 billion from the year before, mostly because of deals that the company made to provide compute to other AI companies, according to SpaceX's quarterly earnings.

Brief by WorldPing · Original reporting by The Verge