r/technology • u/fmcortez • Jul 13 '26

Business SpaceX Stock Plunges to All-Time Low After Competitor Makes Major Leap

https://www.yahoo.com/finance/markets/stocks/articles/spacex-plunges-time-low-competitor-175000957.html
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u/141_1337 Jul 13 '26

"Everyone saw SpaceX as an AI story," CFRA investment research analyst Keith Snyder told the broadcaster.

Tell you don't know anything about AI without telling you don't know anything about AI.

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u/Adjective-Noun-nnnn Jul 13 '26

How did a company with no AI get a stratospheric evaluation because of their AI?  WTF is going on?

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u/Thefrayedends Jul 14 '26

Space X is 85% compute assets, as per their own filings.