BUSINESSAug 5 · 08:20 UTCCNBC TOP

SpaceX dives 10% after AI spending surge rattles investors

SpaceX's stock fell 10% as investors worried about increased AI spending. CEO Elon Musk adjusted the company's revenue forecast to 2030 from 2031, aiming to project optimism.

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SpaceXorganizationElon MuskpersonAI spendingtopic$1 trillion annual revenuetopic

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