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deep tech TechCrunch October 20, 2026

SpaceX’s AI business is beating expectations

AI Summary

SpaceX’s data centers and Grok agents have been more profitable than investors expected in second quarter of the year, as the company leaves its roots as a space company behind to focus on artificial intelligence, which now makes up 52% of its income. Elon Musk’s deep conglomerate reported on Tuesday $14.6 billion in third-quarter revenue, […]

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