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Written by tim
SpaceX shares plunged in after-hours trading as the companys latest earnings report unveiled a staggering $4.2 billion surge in SpaceX AI spending, shaking investor confidence despite record revenue. The sharp selloff highlights the growing Wall Street debate over how much short-term profit companies should sacrifice to win the AI arms race.
Written by tim
SpaceX’s first-ever earnings report pulls back the curtain on Elon Musk’s space empire, revealing record revenues alongside massive spending. This SpaceX earnings report shows the company nearly doubled its income to $8.7 billion—but poured most of it back into the race for long-term dominance.
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