SpaceX Stock Drops After First Earnings Call as Musk Fails to Woo Investors With AI Goals

SpaceX Stock Drops After First Earnings Call as Musk Fails to Woo Investors With AI Goals

Source: www.gizmodo.com · Section: business-tech · Bias: Center · Published: Wed, 05 Aug 2026 00:03:46 GMT

Musk promised robots on the Moon to justify directing the bulk of SpaceX's $18.4 billion capex on AI.

Read the full article at www.gizmodo.com →

The same story across the political spectrum (9 sources)

Left: 'Five-alarm fire': ex-GOP strategist rattled by who's calling out Musk's midterm spending — www.rawstory.com
Center: Elon Musk repeatedly one-upped his execs on SpaceX’s first earnings call — techcrunch.com
Center-Left: SpaceX's revenue rises as its once-soaring stock price drifts back to Earth — www.npr.org
Center-Left: SpaceX's first-ever earnings show higher revenues and huge spending — www.bbc.com
Center-Right: Musk’s SpaceX unnerves investors with lavish AI spending plans — www.ft.com

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