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What’s Next for SpaceX Stock Price as $40B Debt Deal Faces Headwinds After Global AI Rout

By Muthoni Mary

SpaceX (NASDAQ: SPCX) stock price is in focus amid concerns that the company’s plan to raise $40 billion debt in debt is facing obstacles because of the ongoing AI selloff. The stock dropped by 1.62% in the five trading days leading up to October 23, with this being a slight decline compared to the 3% The post What’s…

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Artificial intelligence

Computer systems that perform tasks that normally require human intelligence, such as understanding language, recognising images or making decisions.

AI is changing work, media and public services, raising questions about jobs, safety and regulation.

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