The Billion Dollar Burden of Building Artificial Intelligence SpaceX, once hailed as a pioneer in private space exploration, has long kept its financials under wraps.
That changed on June 12, when Elon Musk's venture released its first public earnings statement. The numbers are promising – revenue rose 92% year over year to $7.
8 billion for Q2 – but they also reveal a disturbing trend: the immense costs associated with running an AI company.