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Featured Stories:
SpaceX shares sink after first earnings report reveals huge AI spending plans
SpaceX's shares dropped 9% after its first earnings report showed revenue nearly doubling to $7.8bn but spending surged to $18.3bn, mostly on AI. The company reported a $143m net loss for Q2 and $2bn for the first half of 2024. Musk highlighted Starlink’s $1.6bn profit, expecting exponential growth, and projected SpaceX could reach $1tn in revenue by 2030. A...
Tech Life - The future of flying? - BBC Sounds