Elon Musk claims SpaceX's AI revenue will soon surpass its space business, sparking debate on AI monetization and data ethics, echoing criticism aimed at Microsoft and Meta over AI training practices.
SpaceX stock rose 9.7% after Elon Musk's motivational meeting and new Grok AI model release, then pulled back 1.5% the next day. News highlights Musk's continued influence across his companies.
SpaceX's first public earnings beat revenue expectations (+92% YoY) but stock fell 13% after unveiling $18.37B in capex, mostly for AI infrastructure, raising valuation concerns despite strong Starli…
SpaceX's xAI pivots to AI compute rental business as Grok struggles against ChatGPT and Claude. xAI capex nearly doubled to $15.8B in Q2, with Google and Anthropic renting GPU capacity from its Colos…
SpaceX's first public earnings report disappointed investors, sending shares down 13.6%. Tesla also slipped 1.8% amid concerns over heavy capex spending shared by both Musk companies.
SpaceX posted strong Q2 revenue and EBITDA growth, but shares fell after-hours on capex surge. Its 18,712 BTC holding lost $539M in mark-to-market value yet remains unsold, still up $437M from cost b…
SpaceX reported record Q2 revenue driven by Starlink growth, though still posting a net loss. A major stock lockup expiration tomorrow will increase share float, raising ETF concentration concerns, p…
SpaceX's first earnings as a public firm showed revenue nearly doubling, driven by Starlink and AI, but capex surged. Plans call for exclusive Nvidia hardware use and up to 10 gigawatts of AI compute…
SpaceX stock fell 52% from June highs ahead of first public earnings report, trading at a rich 105.9x EV/EBITDA. Analysts remain bullish long-term despite lock-up fears, AI business uncertainty, and …
Nasdaq fell on AMD's 6% drop over margin concerns and SpaceX's 11% slide, while Nvidia jumped 4.3% on an AI partnership announcement. Oil dropped on a reported Iran-Oman Hormuz deal; gold and silver …
SpaceX stock fell 8% after Musk set ambitious targets including $1 trillion revenue in five years, raising skepticism about credibility, while broader market remained stable.
SpaceX (SPCX) beat Q2 estimates but capex surged to $18.4B, spooking investors amid AI spending fears. Nvidia named exclusive chip supplier for SpaceX's new Starmind AI-1 satellite payload, boosting …
SpaceX reported a $540M paper loss on its 18,712 BTC holdings as Bitcoin fell 33% amid a broader crypto downturn, though SpaceX's core business beat earnings estimates despite soaring AI capex.
SpaceX shares dropped 11% after revealing ~$65B 2026 capex plans and no formal guidance, despite beating Q2 revenue and EBITDA estimates. Investors drew parallels to Alphabet's AI spending concerns, …
SpaceX (SPCX) stock fell over 11% despite blowout Q2 revenue growth and bold guidance, as investors fret over surging capex, insider share unlocks, and skepticism toward Musk's orbital data center ti…