SpaceX Just Spent $60 Billion on Artificial Intelligence (AI). Could Elon Musk Be Building the Next Amazon?
Publish Date: 2026-06-28 13:07:00
Source Domain: www.theglobeandmail.com
- SpaceX’s portfolio includes rocket-launching operations, satellite internet via Starlink, and an expanding AI infrastructure business that leases cloud computing capacity to hyperscalers.
- SpaceX is acquiring companies like xAI and Cursor to accelerate its strategy in AI infrastructure, aiming to create a comprehensive suite of tools powering the AI economy.
- Much like Amazon’s journey from online book sales to dominant cloud infrastructure with AWS, SpaceX is integrating its infrastructure for rockets, internet, and AI data centers into a robust, vertical ecosystem.
- CEO Elon Musk’s vision includes deploying orbital AI servers to circumvent Earth-based constraints on AI data centers like high energy consumption and land use.
- Despite SpaceX’s ambitious long-term infrastructure goals, The Motley Fool Stock Advisor suggests caution on investing in SpaceX stock, recommending other companies with potential for substantial growth instead.
