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Elon Musk delivers ‘totally nuts’ plans for moon robots and insists $1 trillion revenue target will hit but capex tanks SpaceX on debut earnings | Fortune 0
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- August 5, 2026
SpaceX has been on a slide since hitting a $2 trillion valuation milestone at its June IPO, shedding close to $500 billion in market cap from its peak. Tuesday was its first-ever earnings report as a publicly listed company and a fresh chance for CEO Elon Musk to hype the stock and turn that frown
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SpaceX earnings recap: Stock drops 7% after first post-IPO report reveals higher than expected AI capex 0
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- August 4, 2026
SpaceX delivered its first earnings report since going public in June, arriving at a sensitive time for the stock, which has tumbled 15% from the $135 offering price. SpaceX shares dropped 7% after hours following the earnings, which revealed better than expected revenue but AI capex higher than Wall Street estimates. While overall capex came
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Can AI answer the $3 trillion question? | TechCrunch 0
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- July 9, 2026
Three years ago, Sequoia partner David Cahn was one of the first people to crunch the numbers and calculate the implications of Silicon Valley’s titanic spending on AI infrastructure. In 2023, it was reacting to Nvidia’s annual GPU revenue of $50 billion. From that figure, and adding the implicit costs of operating the data centers
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