NewsSpaceX dives over 8% after AI spending surge rattles investors Posted on August 5, 2026 by budd87309@gmail.com CEO Elon Musk said SpaceX would hit $1 trillion in annual revenue in 2030 versus a previous forecast of 2031 as he looked to strike an bullish tone. budd87309@gmail.com U.S. says Strait of Hormuz is ‘free and open’ as Bessent signals deal with Iran is close California judge holds Homeland Security in contempt in case over LA immigration sweeps – calmatters.org