HomeCapEx: Actual vs Estimates, Plus Buyers Outside the five hyperscalers
SPCX (SpaceX / xAI): the Biggest CapEx Buyer Outside the five hyperscalers
SPCX (SpaceX / xAI): the Biggest CapEx Buyer Outside the five hyperscalers#
SpaceX spent $18.4B of CapEx in 2Q26, 86% of it on AI compute, and its AI segment's EBITDA has turned positive.Draft, pending review
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2Q26: total CapEx $18.4B, of which AI compute $15.8B; AI segment revenue $2.6B, up 247%, including $1.6B from Colossus cloud contracts; AI segment EBITDA turned positive at $1.1B. Compute at 1.4GW, over 2GW by year-end, approaching 10GW in 2027.
Source: FinSight compilation and estimates · Updated 2026-09-03
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