Story on MediaHeat · 2026-08-05 · bloomberg.com

SpaceX’s AI Splurge Puts a Damper on Debut Earnings After IPO

  • spacex-xai · capital · +7
  • spacex-xai · product · +2

SpaceX fell 12% in premarket trading after the company disclosed higher-than-expected spending on its artificial intelligence business, overshadowing an inaugural quarterly report that broadly surpassed Wall Street forecasts.

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