Yahoo Entertainment·2 min read·medium
SpaceX stock hits new all-time low as AI capex jumps in Q2 - Yahoo Finance
P
Pras Subramanian
✦AI Summary
SpaceX has reported its first quarterly results as a public company, showing earnings that exceeded estimates despite a significant drop in stock price. The report highlights rising capital expenditure as the company invests heavily in AI and other growth areas.
SpaceX (SPCX) reported second quarter results on Tuesday that topped estimates its first report as a public company which comes as the stock has been in a recent free fall. Rising capital expenditure…
businesstechnologyeconomy
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