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SpaceX shares sink after first earnings report reveals huge AI spending plans

BBC Technology • Wed, 05 Aug 2026

SpaceX shares sink after first earnings report reveals huge AI spending plans

Elon Musk said during a call with financial analysts that people were "underestimating" his company.

What happened?

Elon Musk said during a call with financial analysts that people were "underestimating" his company.

Story details

Elon Musk said during a call with financial analysts that people were "underestimating" his company.

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Original source

https://www.bbc.co.uk/news/articles/c0qvpveg20vo?at_medium=RSS&at_campaign=rss