BBC TechnologySpaceX shares sink after first earnings report reveals huge AI spending plansElon Musk told investors that people were “underestimating” his company. •August 5, 2026•1 min readShare:[object Object] SpaceX shares sink after first earnings report reveals huge AI spending plans Image source, EPA ByKali Hays, Technology reporter and Osmond Chia, Business reporter Published4 August 2026Updated 5 August 2026 <div Get Deeper Market IntelligenceAccess regulatory filings, exchange updates, and curated market insights beyond the headlines.Get Market IntelligenceRelated NewsBBC TechnologyFirst OpenAI, now Meta – why do AI hacks keep happening?•1 min readBBC TechnologyDisney agrees deal to let TikTokers use its films and TV shows in videos•1 min readBBC TechnologyThe Sims and EA FC maker Electronic Arts sells for $55bn to Saudi-led group•1 min readStay Ahead of the MarketsGet breaking news, expert insights, and market analysis delivered directly to your inbox.Subscribe to NewsletterRegister for Market Access
