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SpaceX at $100 could mean investors see zero value in its AI

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The SpaceX Starbase industrial complex and rocket launch facility in Starbase, Texas. (Gabriel V. Cardenas / Bloomberg) By Carmen Reinicke July 27, 2026 11:30 AM PT 1 Share via Close extra sharing options Email Facebook X LinkedIn Threads Reddit WhatsApp Copy Link URL Copied! Print The selloff in SpaceX shares has driven the stock near a level that would imply investors are assigning no value to its artificial intelligence business, according to analysts at Morgan Stanley.

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Original publisherLos Angeles Times
Canonical URLhttps://www.latimes.com/business/story/2026-07-27/spacex-at-100-could-mean-investors-see-zero-value-in-its-ai
Publication timeTue, 28 Jul 2026 15:25:58 +0000
Retrieval time2026-07-28T15:40:01.091Z
Last seen2026-07-28T15:40:01.091Z
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Opening excerpt (first ~120 words) tap to expand

The SpaceX Starbase industrial complex and rocket launch facility in Starbase, Texas. (Gabriel V. Cardenas / Bloomberg) By Carmen Reinicke July 27, 2026 11:30 AM PT 1 Share via Close extra sharing options Email Facebook X LinkedIn Threads Reddit WhatsApp Copy Link URL Copied! Print The selloff in SpaceX shares has driven the stock near a level that would imply investors are assigning no value to its artificial intelligence business, according to analysts at Morgan Stanley. The rocket, space and artificial intelligence company has had a rocky trading debut after its record $86 billion offering in mid-June. Shares initially surged nearly 50% in the first three sessions, but have tumbled since. They were trading near $110 on Monday.

Excerpt limited to ~120 words for fair-use compliance. The full article is at Los Angeles Times.

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