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SpaceX dives 10% after AI spending surge rattles investors

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.

SpaceX dives 10% after AI spending surge rattles investors

Published August 5, 2026 · Category: Finance

Overview

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.

Source

Originally published at www.cnbc.com.

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