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Catch up: SpaceX revenues surge; Qatar says Hormuz talks are progressing
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TL;DRAI
SpaceX posts $7.8bn revenue (+92% YoY) in debut earnings since June IPO, led by AI and Starlink growth; capex rises to $18.4bn. Aggressive AI capex and satellite traction signal SpaceX's pivot to edge compute infrastructure, marking emerging competition with big tech for AI supply chain dominance.
161 words~1 min read
