The Chonkerton

SpaceX dives 9% after AI spending surge rattles investors

business

SpaceX's stock fell nine percent following investor concern over the company's artificial intelligence spending surge. CEO Elon Musk accelerated SpaceX's revenue forecast to one trillion dollars by twenty-thirty, one year ahead of prior projections, according to CNBC.

Source: https://www.cnbc.com/2026/08/05/spacex-spcx-stock-today-e...

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