SpaceX stock falls 11% as AI spending hits $15.8B

NewsWed, 05 Aug 2026 16:14:08 UTC2 hours ago
SpaceX stock falls 11% as AI spending hits $15.8B
SpaceX stock fell as much as 11% on Wednesday after record AI investment, and an approaching share unlock overshadowed the company’s stronger-than-expected second-quarter revenue. SpaceX revenue beats Wall Street estimates SpaceX reported $7.8 billion in second-quarter revenue, exceeding Wall Street’s…
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