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SpaceX swings to profit on AI infrastructure boom, but capex bill is climbing

Source: proactiveinvestors.com

Artificial IntelligenceCorporate EarningsAnalyst InsightsCompany FundamentalsTechnology & Innovation
SpaceX swings to profit on AI infrastructure boom, but capex bill is climbing

SpaceX shares rose more than 10% Wednesday after third-quarter results beat estimates in all three segments. Analysts characterized the company as shifting toward AI infrastructure while continuing to launch rockets.

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