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SpaceX stock falls 13% as AI spending surge rattles investors and massive share unlock looms

CEO Elon Musk said SpaceX would hit $1 trillion in annual revenue in 2030 versus a previous forecast...

BUSINESS NEWS August 05, 2026

SpaceX stock falls 13% as AI spending surge rattles investors and massive share unlock looms

CEO Elon Musk said SpaceX would hit $1 trillion in annual revenue in 2030 versus a previous forecast of 2031 as he looked to strike an bullish tone.

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CEO Elon Musk said SpaceX would hit $1 trillion in annual revenue in 2030 versus a previous forecast of 2031 as he looked to strike an bullish tone.

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