On August 5, CNBC broke the news that SpaceX's outlay on AI during the second quarter skyrocketed almost six times over, reaching a staggering $18.4 billion. This figure significantly outstripped market forecasts. Even though the company's revenue witnessed a 92% year - on - year jump, climbing to $7.814 billion, investors are now worried about its future profitability. As a result, the pre - market stock price took a nosedive, plunging by 10%.