AI for Business

Fictional SpaceX AI Spending Story Doesn't Withstand Fact-Check

An article claiming that SpaceX's AI buildout spooked Wall Street is full of red flags. It describes a June IPO and an earnings call, but SpaceX is privately held and never went public.

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An article claiming that SpaceX's AI buildout spooked Wall Street is full of red flags. It describes a June IPO and an earnings call, but SpaceX is privately held and never went public.

The reported financials don't hold up either: the story puts capital spending at $18.4 billion in one quarter while saying the company's full-year 2025 revenue was below $19 billion. It also cites cloud-computing deals with Google, Anthropic, and Reflection AI without support.

Readers should view the piece as satire or alternate history, not as news.

Source: CNBC

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