Starlink growth is funding massive AI and Starship spending, for now
Bottom line: SpaceX has filed for an IPO that could become the largest in history, giving investors a detailed look at a business that spans rockets, satellite networks, and AI infrastructure. The filing portrays a company growing quickly but spending heavily.
"Customers do not buy GPUs; they build AI factories"
What just happened? If the AI boom really is a bubble that will one day pop, it hasn't happened yet. Nvidia, the driving force behind the hardware powering most of the AI industry, once again surpassed Wall Street expectations in its quarterly results, hitting a record $81.6 billion in revenue.