WS #13446
SpaceX reported a net loss of $541M and a sixfold capex increase to $18.4B, causing an 8% premarket drop, raising concerns about AI spending returns across the tech sector. US and China extended their trade truce for another 90 days, reducing near-term trade war escalation risk.
SpaceX Earnings Miss
SpaceX reported a net loss of $541M and a sixfold capex increase to $18.4B, causing an 8% premarket drop, raising concerns about AI spending returns across the tech sector.
US and China extended their trade truce for another 90 days, reducing near-term trade war escalation risk.