SpaceX shares sink after first earnings report reveals huge AI spending plans
BBC News Shares in Elon Musk’s SpaceX tumbled after the company’s first-ever earnings report revealed a huge jump in spending on artificial intelligence, spooking investors. While the firm’s quarterly revenue had nearly doubled to $7.8bn (£5.8bn) from a year earlier, its spending ballooned to $18.3bn, more than six times what it was a year ago, […]


