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SpaceX’s first-ever earnings show higher revenues and huge spending
By GhanaSummary Newsroom1 min read
" Making rockets is SpaceX's core business, but the company's space segment showed a $542m net loss against $962m in revenue for the second quarter.
Nevertheless, Musk said that SpaceX would likely hit $1tn in revenue by 2030, a year earlier than he thought just six weeks ago.4 gigawatts of such compute power ready to use, Musk said that sometime next year that capacity should hit at least 10 gigawatts through its ongoing development of data centres.
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