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City & Markets

SpaceX dives 9% after AI spending surge rattles investors

Trade Hub UK briefing (2026-08-05): 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. Primary source: original at CNBC Top News (cnbc.com).

SpaceX dives 9% 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.

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