SpaceX dives 10% after AI spending surge rattles investors

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.

Shares in AI to rockets group slide even as it says its quarterly revenues nearly doubled

SpaceX readies for its first ever earnings report after going public in June. Bloomberg News Global Space Reporter Loren Grush previews what she'll be looking out for. Eric Freedman, CIO at Northern Trust Wealth Management reacts to the S&P 500 hitting an all-time high amid signs of a possible deal in the Strait of Hor

SpaceX revenue jumps 92% but stock tumbles as investors weigh AI spending  CNN

Elon Musk’s SpaceX is gearing up for another milestone—its first-ever earnings report, which it is scheduled to deliver tomorrow, Tuesday, August 4 after the closing bell. Analysts and investors are highly anticipating the space and AI company’s second-quarter 2026 earnings results. They come less than two months after