SpaceX's first earnings report as a publicly listed company failed to reassure investors on Tuesday, with shares falling more than 5% after the company posted stronger-than-expected revenue but revealed far heavier spending on artificial intelligence than markets had anticipated.
As the stock continued sliding during the earnings call, Chief Executive Elon Musk responded not by lowering expectations but by outlining an even grander vision for the company's future, including autonomous robots building factories on the Moon.
