{
  "id": 15800387,
  "title": "SpaceX is spending more than ever on AI. Its AI business is also bringing in more than Starlink for the first time.",
  "url": "https://urgent.news/2026/10/20/spacex-is-spending-more-than-ever-on-ai-its-ai-business-is-also",
  "topic": "ai",
  "section": "AI",
  "published": "2026-10-20T20:58:55.000Z",
  "source": {
    "name": "Business Insider",
    "slug": "business-insider",
    "url": "https://www.businessinsider.com/spacex-ai-spending-third-quarter-earnings-2026-10"
  },
  "original_language": "en",
  "account": "SpaceX, under the leadership of CEO Elon Musk, is heavily investing in artificial intelligence (AI) and has recently reported that its AI business has surpassed the revenue generated by its Starlink satellite internet service for the first time. In the third quarter, SpaceX spent $16.4 billion on AI-related capital expenditures (capex), slightly below expectations but still a significant increase from previous quarters. This spending was estimated to be around $19.6 billion, which was in line with Wall Street analysts' predictions. Musk, during the earnings call, mentioned that the constraints on AI deployment are shifting towards power and cooling infrastructure rather than chips. As of the latest report, SpaceX's AI segment generated $7.6 billion in revenue, which outpaced the $5.2 billion earned by its Starlink business. This marks the first time since SpaceX acquired Cursor that AI revenue surpassed Starlink revenue. The company's investment in AI follows its acquisition of xAI in February, and it currently trails behind other AI companies like Anthropic and OpenAI.",
  "summary": "SpaceX's AI spending was lower than Wall Street expected but higher than the company spent the quarter before.",
  "key_points": [
    "SpaceX spends $16.4 billion on AI-related capex in Q3.",
    "AI business generates $7.6 billion, surpassing Starlink's $5.2 billion.",
    "Investment follows acquisition of xAI in February."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}