SpaceX vs. Alphabet: Which Is the Best Artificial Intelligence (AI) Stock to Buy Now?
Alphabet, known for its AI stock, may also be considered an AI stock by SpaceX due to its rapidly expanding AI business. SpaceX's AI company, xAI, generates $818 million in revenue with a 213% growth rate, outpacing Alphabet's Q2 results. Google Cloud, a front-and-center segment for Alphabet, surged 82% year-over-year to $24.8 billion, while SpaceX generated $7.8 billion in revenue.
With projections of $44.6 billion in revenue for SpaceX in 2026, it trades at 41 times sales, compared to Alphabet's 10 times sales. Alphabet's cloud computing division is the more profitable business, and its AI offerings are likely to benefit from increased AI spending, making it a strong AI stock to consider.
Written by urgent.news from Yahoo Finance's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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