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SpaceX’s AI splurge puts a damper on debut earnings after IPO

Japan Times

BusinessJapan Times·Aug 5, 2026·1 min read

SpaceX’s AI splurge puts a damper on debut earnings after IPO

Shares tumbled as much as 8.8% in U.S. post-market trading after it said capital spending jumped to about $18.4 billion in the second quarter.

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