SpaceX Trails $860 Billion AI Spending Race With $18.4 Billion as Grok Lags Rivals
Updated
Updated · Yahoo Finance · Aug 5
SpaceX Trails $860 Billion AI Spending Race With $18.4 Billion as Grok Lags Rivals
1 articles · Updated · Yahoo Finance · Aug 5
Summary
$18.4 billion in quarterly capex leaves SpaceX far behind an AI spending wave that rivals are set to push to $860 billion in 2026, up 80% from a year earlier.
Amazon plans $220 billion this year, Meta up to $145 billion, Microsoft $175 billion and Oracle up to $95 billion in fiscal 2027, underscoring how small SpaceX's buildout looks by comparison.
SpaceX is also renting Nvidia-powered compute capacity to Google and Anthropic instead of using more of it for its own models, highlighting a weaker in-house AI push.
Grok's lower App Store ranking behind Claude, ChatGPT and Gemini adds to signs that SpaceX lacks both a strong enterprise AI presence and a competitive consumer assistant.