SpaceX Stock Drops on Ballooning AI Bill - WSJ
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- WSJ reported SpaceX stock fell, linking the decline to a ballooning AI bill tied to the company's first earnings report.
- CNN and Barron's flagged that more than 900 million SpaceX shares unlocked today, with Barron's warning investors to brace for further volatility.
Why it matters: Combining a 900-million-share lockup expiration with a stock drop tied to ballooning AI costs means SpaceX shareholders face two pressure points at once: forced selling from the unlock and reactive selling from the earnings news.
