By convincing investors that AI will power his moonshot, SpaceX broke records in its trading debut.

Elon Musk's rocket company, recently merged with xAI, is aiming to raise $75 billion in its initial public stock offering. It's the first of a trio of mega-IPOs from AI companies…

Elon Musk’s rocket and AI company presents potential for investors. But its futuristic, unproven plans also carry significant financial risks.