Elon Musk Plan COLLAPSES As SpaceX Stock Plunges After Investors Sent Into Panic
Community Score: 50% | 108.6K views | 1w
0 community ratings: null thumbs up, null thumbs down
Elon Musk's plan to excite investors during a first earnings call collapses as shares sink again after investors didn't fall for his wild predictions and were instead sent into panic when colossal SpaceX spending plans were revealed. John Iadarola and Sharon Reed break it down on The Damage Report. Leave a comment with your thoughts below! Get paid to use your phone less! Switch to Noble Mobile today: https://go.tyt.com/mobile Read more here: SpaceX stock falls 13% as AI spending surge rattles investors and massive share unlock looms - https://www.cnbc.com/2026/08/05/spacex-spcx-stock-today-earnings.html "SpaceX shares sank 13.6% on Wednesday after a surge in artificial intelligence spending rattled investors and clouded an otherwise expectation-beating quarter. In SpaceX’s first earnings report as a public company on Tuesday, Elon Musk’s space firm said its capital expenditures jumped sixfold to $18.4 billion in the second quarter. This figure was ahead of analyst expectations, w
Tags: News, Politics, trump, donald trump, trump news, democrats, breaking news, elon musk, elon musk stocks, elon musk spacex, spacex, spacex stock, stocks, stock market, spcx, tesla, elon musk telsa, tesla stock, tesla sales, space x
More from The Damage Report
- Republican's Canada Attack BACKFIRES Instantly As Trump Allies Lose Control — Score: 50%
- Trump LOSES IT As Disaster Pardon Comes Back To Bite Him — Score: 50%
- Trump SNAPS With Insane Canada Post As Attacks Backfire On Economy — Score: 50%
- Mark Zuckerberg In BIG TROUBLE After Meta Hit With Massive Legal Blow — Score: 50%
- MAGA Supporters FREAK OUT As Networks Ditch Trump's Big Event — Score: 50%
- Mike Lee's Patriot Front Conspiracy Instantly COLLAPSES — Score: 50%