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BUSINESSAug 5 · 15:56 UTCMARKETWATCHWilliam Gavin

SpaceX’s stock falls as Wall Street gets spooked by the extent of AI spending

SpaceX’s stock fell as Wall Street reacted to increased AI spending. Morgan Stanley projected $64 billion in capital spending from SpaceX this year due to its significant AI investments.

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SpaceX’s stock falls as Wall Street gets spooked by the extent of AI spending · The Nexus