SpaceX hit by surging AI costs as insiders prepare to sell their shares

For a rocket company, SpaceX is spending a lot of money to build out its AI capacities.

Artificial intelligenceInvestor risk awareness grows around massive bond, share offeringsSpaceX's market capitalization ballooned to $3 trillion after its initial public offering, but its shares have since slumped. © ReutersHIROFUMI TAKEUCHIAugust 3, 2026 05:20 JSTNEW YORK -- As big U.S. tech companies scramble for bil