SpaceXAI Turns Capex into Q4 2026 and 2027 Profit
by Brian Wang from NextBigFuture.com on (#770K8)
The most misunderstood line item in the AI buildout is depreciation. Every hyperscaler is reporting compressed margins as tens of billions of dollars of AI capex hit the income statement through D&A while revenue is still ramping. Amazon's own accounting illustrates it: roughly $220B of AWS-attributable 2027 capex, 70% in short-life assets (AI servers on ...