SpaceX’s AI Bubble Could Burst | Business and Finance News

SpaceX’s stock is plummeting — down 50% since its June 16 peak — and analysts warn another 50% drop may be coming before its valuation makes sense. The hype from its IPO, fueled by index inclusion and retail investor frenzy, is fading fast as reality hits: no consistent profits, unproven sustainability, and looming insider sales could flood the market and drain value from everyday investors. Despite its cutting-edge space and AI ambitions — especially through xAI — its price-to-sales ratio remains sky-high. History shows even revolutionary tech like AI goes through brutal corrections; SpaceX’s future may hinge on whether its AI bets pan out — or if it’s just another bubble waiting to burst. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/a251d2f001ab7eff