FinancialSpaceX's AI Splurge Puts a Damper on Debut EarningsWritten by BloombergPublished Aug 5, 2026, 2:22 AMWatch on Grafa TVShareSpaceX stock fell after it disclosed higher-than-expected spending on its artificial intelligence business, dampening an inaugural quarterly report that broadly surpassed Wall Street forecasts. Bloomberg's Danny Lee breaks down the news.