SpaceX Shares Fall 12% Below IPO Price as AI Spending Concerns Mount

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Finance

6 August 2026 at 12:07 am

SpaceX Shares Fall 12% Below IPO Price as AI Spending Concerns Mount

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Summary

SpaceX shares tumbled 12% below their IPO price due to investor concerns about future funding for data centers, despite the company demonstrating accelerated returns on AI investments and a threefold surge in AI revenue.

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