Alex Sacerdote's $19 billion firm had been one of the best-performing funds in the industry coming into July.
Musk promised robots on the Moon to justify directing the bulk of SpaceX's $18.4 billion capex on AI.
SpaceX's debut quarterly report as a listed company laid out the scale of the wager it is making on artificial intelligence compute, a business now large enough to reshape the group's finances just seven weeks after its Nasdaq debut.
Aug 4 : SpaceX's revenue nearly doubled, the rocket company said in its first earnings report since going public, fueled by its booming Starlink satellite communications and AI businesses, but executives flagged the spending spree underpinning its lofty ambit…
SpaceX has released its first quarterly earnings report, showing revenue growth of around 90% and a drop in operating losses during the second quarter of 2026.
