WS #13506
SpaceX (SPCX) fell 13.6% on surging AI capex, with a 911 million share lock-up expiry Thursday, while Musk's exclusive Nvidia chip deal boosted NVDA. Alphabet (GOOGL) fell over 4% after Jeff Dean and three other top AI scientists left to form a new AI company, Discovery Loop, and Demis Hassabis stepped down from daily DeepMind management, raising competitive concerns.
SpaceX AI Capex and Lock-up
SpaceX (SPCX) fell 13.6% on surging AI capex, with a 911 million share lock-up expiry Thursday, while Musk's exclusive Nvidia chip deal boosted NVDA.
Alphabet (GOOGL) fell over 4% after Jeff Dean and three other top AI scientists left to form a new AI company, Discovery Loop, and Demis Hassabis stepped down from daily DeepMind management, raising competitive concerns.