SpaceX has bought $329M worth of Tesla Megapacks so far this year

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• Elon Musk repeatedly one-upped his execs on SpaceX’s first earnings call
• SpaceX says its Q2 capex was $18.4B, up from $2.8B a year ago, including $15.8B for AI
• SpaceX reports Q2 revenue of $4.29B from its connectivity division, which includes Starlink, $100B of cash and marketable securities, and a $47.5B order backlog
• SpaceX has more neocloud revenue
• SpaceX made more revenue as an AI company than a space company