SpaceX’s biggest business is now AI, and most of Anthropic’s $80B loss isn’t cash | Market Hang

SpaceX’s AI unit, now called Super Intelligence, booked $7.56 billion last quarter against $813 million a year ago, making it the company’s largest business and pushing total revenue up 161%. JPMorgan doubled its price target to $500. Anthropic is expected to file its S-1 publicly as soon as Friday, and a draft prospectus reviewed by the Wall Street Journal shows an $80.7 billion first-half net loss, though roughly $72 billion of that is a non-cash accounting move on convertible notes. Plus Trump ordering data centers to make their own power, and Netflix after the print.

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#SpaceX #Anthropic #AIStocks #MarketHang #YahooFinance

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