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SpaceX posts smaller-than-expected loss despite scrutiny over AI spending

business

SpaceX beat Wall Street's expectations in its first quarterly report as a publicly traded company, posting a smaller loss than forecasts had predicted. Per Euronews, the strong result comes amid investor scrutiny over the company's heavy AI spending and questions about whether Elon Musk has oversold SpaceX's prospects.

Source: http://www.euronews.com/business/2026/08/05/spacex-posts-...

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