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CNBC

SpaceX dives 9% after AI spending surge rattles investors

Wednesday, August 5, 2026


SpaceX CEO Elon Musk said the company would reach $1 trillion in annual revenue in 2030, moving up the target from a previous forecast of 2031.

Original reporting: https://www.cnbc.com/2026/08/05/spacex-spcx-stock-today-earnings.html

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