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SpaceX stock falls 11% as AI spending hits $15.8B – TON BOT

SpaceX stock falls 11% as AI spending hits $15.8B

SpaceX stock fell 11% due to record AI investment and approaching share unlock. Q2 revenue was $7.8 billion, up 92%. Starlink drove revenue growth, but high AI spending raised concerns. Piper Sandler cut price target to $140. Analysts differ on stock outlook. Chart shows $104.91 support level.


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