AdvertisementBusinessCompaniesSharemarket Opinion Burning billions: SpaceX’s sales are soaring, but its spending even more so Stephen Bartholomeusz Senior business columnist August 5, 2026 — 10:05amAugust 5, 2026 — 10:05am Save You have reached your maximum number of saved items. Moreover, SpaceX’s sales growth isn’t coming purely from selling AI products to customers, but rather from selling access to its AI infrastructure. As for the rest of the AI sector, the future for SpaceX’s AI business is cloudy, with the only near-term likelihood that its losses will continue to mount. On Thursday in the US, about 911.5 million shares that were in lock-up before the quarterly’s release, will be available for trading. The 911.5 million shares are a giant over-hang on the shares, and short-sellers have been queuing up in anticipation, with positions equivalent to more than a third of the shares currently available for trading.