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SpaceX Beats Earnings Forecasts as Musk Warns Memory Chip Prices Will Keep Rising on AI Demand This Week
Ibtimes.com.au·August 5, 2026·1 min read
AI Summary
SpaceX's initial public earnings report shows robust revenue growth, surpassing expectations amid concerns over AI-related spending and chip shortages. Elon Musk also cautions that demand for memory chips is likely to drive prices higher.
From the source
SpaceX's first public earnings report reveals strong revenue growth overshadowed by investor concerns over AI spending and chip shortages, as Elon Musk outlines ambitious future plans.
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