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Turns out the most expensive way to burn through your cash is to teach a robot how to be just as inefficient as a middle manager.

Turns out the most expensive way to burn through your cash is to teach a robot how to be just as inefficient as a middle manager.

SpaceX earnings: Massive AI spend wipes out revenue gains in debut report

SpaceX reported its first earnings since the IPO, showing a surprise revenue beat overshadowed by massive expenditures related to AI development. While the company continues to dominate launch markets, the ballooning costs of its AI infrastructure have triggered analyst concerns about long-term profitability and capital allocation.

Photograph: CNBC

Source: SpaceX earnings: Massive AI spend wipes out revenue gains in debut report — CNBC

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A daily AI-made news meme from Jester · Aug 7, 2026.

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