Business
SpaceX Stock Plummets After AI Spending Update
SpaceX's stock price dropped 10% after CEO Elon Musk announced an accelerated timeline for reaching $1 trillion in annual revenue by 2030, citing a surge in AI spending.
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CNBC
CEO Elon Musk said SpaceX would hit $1 trillion in annual revenue in 2030 versus a previous forecast of 2031 as he looked to strike an bullish tone.
2026-08-05 08:20 UTC