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'SpaceX Is the New Neocloud' — So Why Pay $63 for Every $1 of Sales? | WAPE

Newsbenzinga

'SpaceX Is the New Neocloud' — So Why Pay $63 for Every $1 of Sales?

Oct 26, 2026, 11:04 ET · Published

Article summary

SpaceX's AI revenue surged 830%, but its 63-times-sales valuation raises questions about customer concentration and returns on AI spending.

An excerpt from the original article.

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