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CEO Elon Musk Says This Is the Most Underappreciated Part of SpaceX's Business

The Motley Fool·
CEO Elon Musk Says This Is the Most Underappreciated Part of SpaceX's Business

SpaceX posted strong Q2 revenue growth and narrowing operating losses, but huge capital expenditures drove the stock down initially. During the earnings call, CEO Elon Musk highlighted robotics as SpaceX's most underappreciated business segment, citing its role in future lunar manufacturing, orbital data centers, and supporting Starlink connectivity. However, analysts caution investors to remain cautious given Musk's history of ambitious timelines on projects like autonomous vehicles and humanoid robots.

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