The vast majority of SpaceX’s capital investments, nearly $16 billion, have been dedicated to building out AI compute infrastructure. Industry watchers say SpaceX’s long-term prospects are tied heavily to the success of its Starship rocket, which is still under development, and its artificial intelligence business. Elon Musk attends the finals for the NCAA wrestling championship, March 22, 2025, in Philadelphia. SpaceX's mega rocket Starship makes a test flight from Starbase, Texas, Friday, May 22, 2026. Musk was bullish about Starlink’s prospects during the earnings call, touting the latest technology advancements and continued efforts to grow out the network which now includes over 10,000 satellites.