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SpaceX is barely Space and mostly X
View original at theverge.comThe Verge AI - Consumer Ai Title: SpaceX is barely Space and mostly X Date: 2026-08-05 16:35 Source: https://www.theverge.com/science/975545/spacex-x-earnings-ai-data-centers-compute-space <figure> <img alt="Elon Musk with money flying away." src="https://platform.theverge.com/wp-content/uploads/sites/2/2026/06/STKE012…
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By revenue, SpaceX is primarily a telecom company and a company that rents compute, not a space company.
60% confidenceThe space sector of SpaceX's business did not break a billion dollars this quarter and contributed only a touch over 10 percent of the company's revenue.
60% confidenceSpaceX remains its own biggest customer, as there aren't enough other people who want its rockets.
60% confidence
