# SpaceX 首份财报超预期但 AI 资本开支吓退投资者，股价跌 10%

- 来源：Ars Technica：AI（RSS）
- 作者：George Hammond, Financial Times
- 发布时间：2026-08-05 21:59
- AIHOT 分数：50
- AIHOT 链接：https://aihot.virxact.com/items/cmsg5tx4b06xsrolgewrtzk2q
- 原文链接：https://arstechnica.com/ai/2026/08/spacex-spooks-investors-with-debut-earnings-report

## AI 摘要

SpaceX 周二发布上市后首份财报，季度营收 78 亿美元，同比增长 92%，高于分析师预期的 68.2 亿美元；净亏损约 5.41 亿美元，好于预期的 21.2 亿美元。但公司披露 AI 相关资本开支近 160 亿美元，为上一季度两倍且远超华尔街预期，并称该支出水平至少再持续两个季度，导致周三早盘股价下跌 10%。

## 正文

SpaceX shares dropped on Wednesday after Elon Musk’s plans for blockbuster spending to position his AI and rocket company as a data center developer spooked investors.

SpaceX surpassed analysts’ expectations in Tuesday’s debut earnings report, posting quarterly revenues of $7.8 billion, well above analysts’ estimates of $6.82 billion and up 92 percent from a year earlier. It posted a net loss of about $541 million, better than estimates of $2.12 billion.

But shares in SpaceX fell 10 percent in early trading after it reported capital expenditure of almost $16 billion on AI, double the previous quarter and well above Wall Street’s expectations. It said spending would persist at current levels for at least two more quarters.