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Fri, Aug 7 04:00 AM

SpaceX stock falls 10% as AI spending surge rattles investors and massive share unlock looms

CNBC•Wed, Aug 5, 2026, 05:26 PM•2 min read

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.

Source: [CNBC](https://www.cnbc.com/2026/08/05/spacex-spcx-stock-today-earnings.html)

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