SpaceX's first earnings reveal the cost of becoming an AI giant: Chart of the Day

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• Yahoo Finance center

  SpaceX's first earnings reveal the cost of becoming an AI giant: Chart of the Day
• All Content from Business Insider left

  SpaceX's AI bill is nearly as large as its rockets. SERGIO FLORES/AFP via Getty Images Elon Musk's cosmic ambitions come with an astronomical bill, and it's making Wall Street nervous. SpaceX shares fell as much as 11% in after-hours trading, despite the company delivering a revenue beat. SpaceX spent nearly $16 billion on AI infrastructure in the past three months, well above expectations. As an abandoned SpaceX rocket crashes into the moon, Elon Musk's science-fiction ambitions are on their ow
• TradingView Ideas center

  It’s earnings season and SpaceX NASDAQ:SPCX just delivered its first report as a public company, and the numbers looked strong enough to impress almost any boardroom. Revenue surged, losses came in much smaller than expected and Elon Musk doubled down on an ambitious vision stretching from reusable rockets to AI data centers in orbit. Wall Street, however, had a different reaction. Shares slid as much as 8% in after-hours trading as investors looked beyond today's results and focused on tomorrow
• Business Insider left

  As an abandoned SpaceX rocket crashes into the moon, Elon Musk's science-fiction ambitions are on their own collision course with Wall Street. https://bit.ly/45bMgt5