Elon Musk's SpaceX posted second quarter revenue above Wall Street expectations in its first earnings report as a public company, but shares dropped 10 percent in morning trading as investors reacted to ballooning AI investments.
The post SpaceX Shares Drop 10% After First Earnings Report Due to Massive AI Spending appeared first on Breitbart.
SpaceX Shares Drop 10% After First Earnings Report Due to Massive AI Spending
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August 5, 2026
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Source: Breitbart | https://feeds.feedburner.com/breitbart - Read Original
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