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SpaceX hit by surging AI costs as insiders prepare to sell their shares

SpaceX is grappling with escalating AI costs, alarming investors and impacting stock prices. Recent reports show a staggering $15.8 billion spent on AI, doubling previous quarter expenses, leading to a 6.5% drop in shares amid insider selli...

NBC News· Aug 5, 2026 · 8:02 AM · 37 views

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SpaceX is grappling with escalating AI costs, alarming investors and impacting stock prices. Recent reports show a staggering $15.8 billion spent on AI, doubling previous quarter expenses, leading to a 6.5% drop in shares amid insider selling worries. Full story and more reels: https://newsreel.video #news #breaking #SpaceX #AI #investing #stocks #technology

Originally reported by NBC News. Read the full story →

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