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SpaceX dives 10% 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.

Published by US Top News and Analysis

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Large billboard featuring a man in a leather jacket and the Nasdaq logo against a city backdrop.
Large billboard featuring a man in a leather jacket and the Nasdaq logo against a city backdrop. AI-written description This image does not appear to show the event — The image description shows a billboard with a man and the text "Nasdaq" in a cityscape, which is unrelated to the headline about SpaceX's revenue forecast.
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