Wednesday, 05 August 2026 · World
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EUROS The World Financial Report
Nº 25 Wednesday, 05 August 2026 · World Edition
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SpaceX shares tumble 12%, fall below IPO price as AI spending concerns mount

Markets-Economic Times · 5h ago · 🇮🇳 India
SpaceX shares tumble 12%, fall below IPO price as AI spending concerns mount

SpaceX has demonstrated accelerated returns on its AI investments, though investors express concerns regarding future funding for data centers. Following its IPO, the company's stock saw a significant drop. Despite this, AI revenue surged over threefold, and new cloud agreements were announced. The capital invested in AI is still high, promising returns in under a year.

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