SpaceX shifts 61% of $20.74B capital spending to Starlink-backed AI
NewsBytes | April 25, 2026 1:39 AM CST
SpaceX eyes IPO, AI startup options
Unlike tech giants like Google or Microsoft that have cash coming in from all directions, SpaceX is mainly relying on revenue from its existing business to fund its AI push.
The company is also eyeing a major IPO and even considering acquiring or partnering with an AI startup, big decisions as it tries to balance ambitious tech goals with some real financial challenges.
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