Weekly Recap: AI-compute Q2 revenue surge and Nasdaq-100 weight rise
Space Exploration Technologies Corp (NASDAQ:SPCX) surged as Q2 revenue jumped 92% to $7.8B, driven by $2.56B in AI compute sales, a $60B Cursor acquisition and new NASA awards, while Starship Flight 14, massive GPU buildouts and a larger Nasdaq—100 weight lift demand and strategic AI—satellite syne…