Elon Musk’s SpaceX aims to shake off AI spending fears, stock slump in first-ever earnings report

Source: New York Post· Thomas Barrabi· August 3, 2026
Elon Musk’s SpaceX aims to shake off AI spending fears, stock slump in first-ever earnings report

SpaceX, which has lost more than $500 billion in market value since its debut in June, will announce its second-quarter results after the bell alongside chipmaker AMD. Tech stocks have been under pressure as investors fret over whether costly AI investments –…

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