TradingKey – As of the U.S. market close on August 14 EST, SpaceX (SPCX) fell 0.91% to $140. After touching $150 last Wednesday, the stock pulled back for two consecutive trading days, indicating heavy selling pressure around the $150 mark.
Musk Expects AI Revenue to Exceed Other Businesses
From a fundamental perspective, recent market attention on SpaceX has focused on the rapid growth of its AI-related business revenue, while Musk has further raised expectations for this business’s future revenue contribution.
SpaceX’s latest financial report shows that its second-quarter total revenue reached approximately $7.8 billion, nearly doubling from $4.1 billion in the same period last year. Among this, Starlink revenue grew 66% year-over-year…
