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SpaceX posted $7.8bn second-quarter revenue, up 92pc year-on-year, beating the $6.8bn consensus. Shares fell 8pc after-hours as capex hit $18.4bn, with $15.8bn on AI infrastructure. CFO Bret Johnsen said AI compute investments pay back in under a year.
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Summary by ByteBrief
SpaceX stock falls 8% on $18B capex