{
  "id": 2012639,
  "title": "SpaceX Spent $18.4 Billion in a Single Quarter -- $15.8 Billion of It on AI. Here's Where the Money Is Going.",
  "url": "https://urgent.news/2026/08/19/spacex-spent-18-4-billion-in-a-single-quarter-15-8-billion-of-it-on",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-19T20:30:00.000Z",
  "source": {
    "name": "Motley Fool",
    "slug": "motley-fool",
    "url": "https://www.fool.com/investing/2026/08/19/spacex-spent-184-billion-in-a-single-quarter-158-b/?source=iedfolrf0000001"
  },
  "original_language": "en",
  "account": null,
  "summary": "In the second quarter of 2026, SpaceX reported a staggering $18.4 billion spent, with $15.8 billion of that amount directed towards its burgeoning AI business. The company's revenue for the quarter doubled year over year to $7.8 billion, while its net loss narrowed from $1.01 billion to $541 million. However, SpaceX's total capital expenditures (capex) surged more than sixfold, from $2.83 billion to $18.37 billion, as it poured resources into expanding its AI capabilities. Originally, SpaceX operated two main businesses: Starlink satellite internet services and rocket launch services. In February 2026, the company acquired xAI, which owns AI assets such as Grok and X, in an all-stock transaction, and later added the AI startup Cursor to its portfolio. Elon Musk has projected that SpaceX's AI revenue could skyrocket from $3.5 billion in 2025 to a staggering $700-$750 billion by 2030.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Nasdaq Markets",
        "title": "SpaceX Spent $18.4 Billion in a Single Quarter -- $15.8 Billion of It on AI. Here's Where the Money Is Going.",
        "url": "https://urgent.news/2026/08/19/spacex-spent-18-4-billion-in-a-single-quarter-15-8-billion-of-it-on-2014567",
        "published": "2026-08-19T20:50:00.000Z"
      }
    ]
  },
  "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."
}