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CNBC AI · 2026/8/5 01:43:06

SpaceX's AI spending unnerves Wall Street despite promises of quick payoff
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SpaceX刚上市就摊上大事了:公司在AI上的投入远超华尔街预期,让投资者捏了一把汗。高管们赶紧出面安抚,承诺这些钱花出去一年内就能看到回报。首席财务官透露,本季度刚开始就签下了67亿美元的云计算服务订单,预计十月起就能带来收入,而资本支出同比暴涨了六倍多。
说白了,SpaceX现在就像个开了大工程却被人质疑"烧钱太快"的公司,老板拍胸脯保证"钱很快就能赚回来"。这次重金砸向AI,一方面是借科技热潮讲个好故事,另一方面也确实需要AI来优化火箭发射、卫星运营等核心环节。
对普通人来说,这事短期看不太出变化,但长远可能有三个信号:一是AI技术会让卫星互联网服务更便宜,你的星链上网费或许会降;二是SpaceX在AI上花大钱,可能带动整个行业跟着砸钱搞研发,未来AI应用会更普及;三是如果连SpaceX这种明星公司都要靠AI讲增长故事,说明AI已经从"玩概念"变成"必须烧钱竞争的军备竞赛"了。
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TechSpaceX's AI spending unnerves Wall Street despite promises of quick payoffPublished Tue, Aug 4 20269:43 PM EDTAri Levy@levynewsLora Kolodny@in/lorakolodny/WATCH LIVEKey PointsIn addressing Wall Street for the first time since SpaceX's IPO, executives tried to make the case that hefty AI investments are paying off within a year.CFO Bret Johnsen said that in the first few weeks of the current quarter, SpaceX contracted an additional $6.7 billion of cloud services revenue "that begins ramping starting in October."Capital expenditures jumped more than sixfold from a year eariler. In this articleSPCXFollow your favorite stocksCREATE FREE ACCOUNTThe SpaceX headquarters is seen on Monday, Aug. 3, 2026 in Hawthorne, CA. Eric Thayer | Los Angeles Times | Getty ImagesAfter SpaceX spent way more on its AI buildout than analysts expected, executives tried to convince investors on Tuesday that it's all worthwhile, claiming that the company is making its money back within a year.The message didn't resonate, as SpaceX shares sank following the company's first earnings report since its IPO in June. While revenue in the second quarter sailed past estimates, jumping 92% from a year prior, capital expenditures soared over sixfold to $18.4 billion, more than double total sales for the quarter.Well over 80% of SpaceX's capex went towards artificial intelligence, where the company is way behind OpenAI, Anthropic and Google when it comes to models and services, and where it's now trying to compete against cloud giants Microsoft, Amazon and Google by selling compute capacity. The capex figure exceeded the $13.22 billion average analyst analyst estimate, according to FactSet. The stock's 7.5% after-hours dropped mostly wiped out its gains from earlier in the day and left the shares more than 20% below the first trade on June 12. Stock Chart IconStock chart iconSpaceX stock chartBret Johnsen, Sp
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