SpaceX stock hits all-time low amid Q2 AI capex jump
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- SpaceX stock hit a new all-time low in Q2, with the Yahoo Finance headline attributing the drop to a jump in AI capital expenditure.
- Musk pulled SpaceX's $1 trillion revenue target forward by a year, per a separate headline covering the same earnings-driven selloff.
Why it matters: Bloomberg reports investors are bracing for another potential drop while MarketWatch notes retail investors are buying the dip ahead of additional shares flooding the market, meaning the all-time low has not ended the debate over where SpaceX's valuation settles next.
