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SpaceX’s High Stakes AI Gamble | Business and Finance News
Description
SpaceX’s stock tumbled 27% from its peak despite a massive $2.16 trillion valuation, trading at a staggering 115x last year’s revenue. While revenue surged 33% and AI/Starlink expansion promises growth, a $5 billion net loss—driven by heavy AI infrastructure spending—casts doubt. Analysts warn the high valuation and expanding losses make this a risky entry point, urging investors to wait for better opportunities amid looming tech sector volatility.
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