tech

Report: SpaceX’s satellite internet business is propping up its rocket and AI businesses

Ahead of SpaceX’s highly anticipated IPO in June, new reporting from The Information reveals just how dependent the rocket and AI company is on its internet business.

According to the report, in 2025, Starlink generated $11.4 billion in revenue and $7.2 billion in adjusted EBITDA — a striking 63% margin — making it SpaceX’s only meaningful source of profit.

By contrast, the company’s core rocket launch business and its recently acquired AI unit, xAI, lagged far behind financially. The space launch business generated $4.1 billion in revenue and about $700 million in adjusted EBITDA, while the AI segment brought in $3.2 billion in revenue but lost roughly $1.2 billion on an EBITDA basis.

In other words, Starlink accounted for most of SpaceX’s revenue — and more than all of its adjusted profit.

Starlink’s profitability is already attracting rivals. Amazon on Tuesday agreed to acquire satellite company Globalstar in an effort to more directly compete with Starlink.

More Tech

Quantum stocks rip as IonQ discloses new contracts, hits benchmark milestones

It’s also World Quantum Day.

Quantum Computing illustration

Stanford AI report: Model capability accelerating, China has closed the gap with the US

Stanford’s annual AI Index Report says “leading models are now nearly indistinguishable” from each other, and benchmarks used to evaluate them are falling behind their accelerating capabilities.

Cube in hands

tech

Rani Molla4/13/26

Meta will surpass Google in ad revenue this year, new industry data shows

In a world supported by digital ad dollars, Meta may soon be king. The Instagram owner’s net digital ad revenues are expected to hit $243.5 billion in 2026, surpassing Google’s projected $239.5 billion, according to new data from eMarketer.

The shift is happening as Big Tech companies, including Meta and Google, are increasing their spending on AI in hopes that AI will grow their top and bottom lines.

On the company’s last earnings call, Meta CFO Susan Li credited AI with driving performance gains, and said that growth will continue: “We expect the set of investments we’re making in 2026 will enable us to drive further gains as we continue to integrate AI across all layers of the marketing and customer engagement funnel.”

“In surpassing Google, Meta has essentially had many of its core strategies validated,” said Max Willens, principal analyst at eMarketer. “Meta has long understood that scale, network effects, and habits are more important than anything else in digital media. It has carefully built and defended the advantages it has in all three areas.”

JAPAN-FOOD-DRINK-SCIENCE-REASEARCH-MSG-AJINOMOTO

What does delicious Asian food seasoning have to do with a potential bottleneck for AI chips?

Japanese food flavoring company Ajinomoto, which commercialized MSG, also makes a key component in AI chips. It’s having trouble scaling to meet demand.

Jon Keegan4/13/26

tech

Jon Keegan4/13/26

Report: Microsoft looks to remake Copilot in the image of OpenClaw

Microsoft is feeling the heat from all corners of the tech world as it tries to infuse its productivity apps with useful AI tools.

OpenAI, Anthropic, and now open-source OpenClaw are enabling powerful agentic AI that can do work on your computer for you — including productivity functions like managing emails, spreadsheets, and slide decks.

This is obviously an area where Microsoft needs to compete, or it will be left in the dust by AI startups.

The Information reports that Microsoft is indeed realizing this, and is now trying to reboot its many Copilot tools to act more like the extremely popular DIY agentic AI tool OpenClaw.

OpenClaw is usually set up running on a dedicated personal computer, and given access to all of a user’s permissions and logins. The user issues orders to OpenClaw through messaging apps like Telegram or WhatsApp, and the agent goes off and completes tasks in the background, notifying you when they’re done. But many users have had security disasters with the setup, so Microsoft is looking to borrow the popular concept but implement the strict security controls needed for use in enterprise environments.

According to the report, Microsoft CEO Satya Nadella has made revamping 365 Copilot a top priority.

Microsoft Plots New Copilot Features Inspired by OpenClaw

Microsoft Plots New Copilot Features Inspired by OpenClaw

This is obviously an area where Microsoft needs to compete, or it will be left in the dust by AI startups.

The Information reports that Microsoft is indeed realizing this, and is now trying to reboot its many Copilot tools to act more like the extremely popular DIY agentic AI tool OpenClaw.

OpenClaw is usually set up running on a dedicated personal computer, and given access to all of a user’s permissions and logins. The user issues orders to OpenClaw through messaging apps like Telegram or WhatsApp, and the agent goes off and completes tasks in the background, notifying you when they’re done. But many users have had security disasters with the setup, so Microsoft is looking to borrow the popular concept but implement the strict security controls needed for use in enterprise environments.

According to the report, Microsoft CEO Satya Nadella has made revamping 365 Copilot a top priority.

Latest Stories

Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, Robinhood Derivatives, LLC, or Robinhood Money, LLC. Futures and event contracts are offered through Robinhood Derivatives, LLC.

©2026 Sherwood Media, LLC