SpaceX's AI Ambitions and the Price of Hyperbole SpaceX's stock price plummeted by 8% after its first earnings call as a publicly traded company, with investors expressing concern over the $18.
4 billion spent in the first quarter on artificial intelligence (AI) efforts. The net operating loss for these AI endeavors was a staggering $1. 3 billion.
Elon Musk has long been an advocate of AI's potential to revolutionize industries and make humanity a multi planetary species. However, his optimism comes at a significant cost.