{"id":1026768,"date":"2026-08-06T10:54:07","date_gmt":"2026-08-06T05:24:07","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1026768"},"modified":"2026-08-06T10:54:07","modified_gmt":"2026-08-06T05:24:07","slug":"spacex-shares-plunge-13-as-ai-spending-overshadows-earnings-beat-down-over-50-from-post-listing-peak","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/08\/06\/spacex-shares-plunge-13-as-ai-spending-overshadows-earnings-beat-down-over-50-from-post-listing-peak\/","title":{"rendered":"SpaceX shares plunge 13% as AI spending overshadows earnings beat; down over 50% from post-listing peak"},"content":{"rendered":"<p>SpaceX shares plunged 13% in Wednesday&#8217;s trade, falling to an intraday low of $109.21, even after the company reported better-than-expected quarterly revenue and a narrower-than-expected loss. Investors instead focused on the company&#8217;s sharply higher artificial intelligence (AI) spending plans, which overshadowed the earnings beat.<\/p>\n<p>In its first earnings report since going public, SpaceX said it spent $18.4 billion on capital expenditure during the June quarter\u2014a six-fold increase from a year earlier and well above analysts&#8217; expectations.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SpaceX shares plunged 13% in Wednesday&#8217;s trade, falling to an intraday low of $109.21, even after the company reported better-than-expected quarterly revenue and a narrower-than-expected loss. Investors instead focused on the company&#8217;s sharply higher artificial intelligence (AI) spending plans, which overshadowed the earnings beat. In its first earnings report since going public, SpaceX said it spent $18.4 billion on capital expenditure during the June quarter\u2014a six-fold increase from a year earlier and well above analysts&#8217; expectations.<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[55,13,4],"tags":[],"class_list":["post-1026768","post","type-post","status-publish","format-standard","hentry","category-it-2-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1026768","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1026768"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1026768\/revisions"}],"predecessor-version":[{"id":1026772,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1026768\/revisions\/1026772"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1026768"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1026768"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1026768"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}