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SpaceX’s stock falls as Wall Street gets spooked by the extent of AI spending

SpaceX’s stock falls as Wall Street gets spooked by the extent of AI spending
MarketWatch Wednesday 05 August 2026, 15:56 UTC By William Gavin 1 min read
Key Points

Morgan Stanley expects $64 billion in capital spending from SpaceX this year. The company is dramatically ramping up AI investments.

Morgan Stanley expects $64 billion in capital spending from SpaceX this year. The company is dramatically ramping up AI investments. [Image text:] SPACE SPACEX
SpaceX (ORG) AI (ORG) Morgan Stanley (ORG)
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