WS #13507
SpaceX (SPCX) fell 13.6% on surging AI capex, with 911 million share lock-up expiry Thursday pressuring stock further. Nvidia (NVDA) rose 3.7% after Musk said SpaceX will use Nvidia chips exclusively for AI infrastructure. Alphabet (GOOGL) fell over 4% after AI leader Jeff Dean and three other top scientists left to form new AI company, raising AI competitiveness concerns.
SpaceX AI Capex and Lock-up
SpaceX (SPCX) fell 13.6% on surging AI capex, with 911 million share lock-up expiry Thursday pressuring stock further.
Nvidia (NVDA) rose 3.7% after Musk said SpaceX will use Nvidia chips exclusively for AI infrastructure.
Alphabet (GOOGL) fell over 4% after AI leader Jeff Dean and three other top scientists left to form new AI company, raising AI competitiveness concerns.