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…

Source: https://crypto.news/spacex-stock-falls-as-ai-spending-hits-15-8b-dollars/

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