SpaceX shares slump 12% as AI spending worries overshadow early returns

Source: The Times of India· Reuters· August 5, 2026
SpaceX shares slump 12% as AI spending worries overshadow early returns

SpaceX has demonstrated accelerated returns on its AI investments, though investors express concerns regarding future funding for data centers. Following its IPO, the company's stock saw a significant drop. Despite this, AI revenue surged over threefold, and …

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