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SpaceX stock falls 10% as AI spending surge rattles investors and massive share unlock looms

Aug 5, 2026 - 13:35
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SpaceX stock falls 10% as AI spending surge rattles investors and massive share unlock looms
CEO Elon Musk said SpaceX would hit $1 trillion in annual revenue in 2030 versus a previous forecast of 2031 as he looked to strike an bullish tone.

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