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The Nexus
BUSINESSAug 4 · 23:39 UTCKRON4 SAN FRANCISCOBenjamin Papp

SpaceX stock drops, despite beating earnings

SpaceX reported better-than-expected earnings with $7.8 billion in revenue and a $541 million net loss, but its stock price dropped immediately afterward. The company's AI division contributed an operating loss of $1.3 billion, though it still exceeded expectations.

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