Of that spending, $15.8 billion came from SpaceX's AI unit. The AI business delivered the fastest growth for SpaceX, with revenue soaring 247% to $2.6 billion. The company said new cloud service agreements added $1.6 billion in AI infrastructure revenue during the quarter, while compute capacity expanded to 1.4 gigawatts. Yet it was the division offering thousands of satellites in low-Earth-orbit that remained SpaceX's cash cow. As part of its historic IPO, the company sought to broaden its investment appeal by positioning itself as a rapidly expanding artificial intelligence infrastructure company alongside its space and connectivity businesses.