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…
Read from Source · crypto.news ↗
This content is automatically aggregated. Full credit goes to the original publisher (crypto.news).

Related

Google Stock Falls 5% as 4 AI Leaders Quit, Including the Most-Cited Researchers

News24 minutes ago

Spotex Teams Up with BitGo to Streamline Custody and Trading Solutions

News29 minutes ago

Morgan Stanley Rolls Out Ethereum Trust, Enhancing Crypto Exposure

News30 minutes ago

Russia Passes Law to Regulate Crypto Exchanges, Keeps Payment Ban in Place

News37 minutes ago