Latest / Raleigh News Today | 2 Min News | The Daily News Now!
SpaceX Stock in AI Bubble Trouble | Raleigh News
SpaceX stock is trading around $153—erasing all IPO gains despite sky-high analyst price targets from top banks. The valuation hinges on AI, not space, with 92% of its $28.5 trillion market estimate tied to AI. Banks project cash flows to 2045, stretching traditional DCF models, while experts question the feasibility of orbital data centers due to extreme costs and technical hurdles. Meanwhile, SpaceX’s AI ambitions face the same user shortage and profitability doubts plaguing the broader AI sector. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.