SpaceX Spooks Investors with Debut Earnings Report, Shares Drop 10%

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technology

6 August 2026 at 1:59 am

SpaceX Spooks Investors with Debut Earnings Report, Shares Drop 10%

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Summary

SpaceX shares dropped 10 percent after its debut earnings report revealed a $16 billion capital expenditure on AI, spooking investors despite exceeding revenue expectations.

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