Dow Jones08-05
SpaceX shares enjoyed a strong gain in regular trading Tuesday, but the company's first quarterly financial report report sent them down in after-hours trading.
The stock was off about 7% about 50 minutes after the financial report was released. The company posted revenue that beat Wall Street estimates but also outlined the company's enormous spending on artificial intelligence.
Capital expenditures tied to AI hit $15.8 billion in the quarter.
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