Elon Musk's SpaceX has posted its first earnings report as a public company, revealing revenue nearly doubled over the past year even as spending on artificial intelligence infrastructure ballooned.

Stocks declined in after-hours trading despite the tech giant beating analyst forecasts in terms of revenue and earnings.

Revenue stood at $7.8 billion (£5.8 billion) for the second quarter period, which was a 92% increase from the prior year period.

The........

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