SpaceX Soars 13% After Analyst Upgrade Says AI Spending Could Pay Back in Under a Year SpaceX Stock Jumps

SpaceX shares tumble 12%, fall below IPO price as AI spending concerns mount

SpaceX tripled Q2 AI revenue to $2.6B achieving <1-year payback on $15.8B capex, but stock fell 12% below IPO as investors doubt Starlink funding sustainability. For tech leaders: AI infrastructure validates rapid payback, yet execution risk reshapes capex allocation—Starlink cash sustainability is now critical to scaling decisions.