Elon Musk’s SpaceX aims to shake off AI spending fears, stock slump in first-ever earnings report

2026-08-03 16:56 • ;Thomas Barrabi
SpaceX, which has lost more than $500 billion in market value since its debut in June, will announce its second-quarter results after the bell alongside chipmaker AMD. Tech stocks have been under pressure as investors fret over whether costly AI investments – such as Musk’s plan to build AI data centers in space – will...
Read More Here: https://nypost.com/2026/08/03/business/elon-musks-spacex-aims-to-shake-off-ai-spending-fears-stock-slump-in-first-ever-earnings-report/