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    SpaceX Earnings Call Highlights AI Spending Concerns

    14 hours ago

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    SpaceX reported faster-than-expected returns from AI investments during its first earnings call as a public company. Despite a tripling of AI revenue, shares fell 12% due to worries about sustaining profitability from Starlink amid high capital expenditures. Analysts predict continued volatility as the market reassesses SpaceX's valuation and cash-burn trajectory following its IPO.
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