A previous version of this column inaccurately described the effect of SpaceX's share-price decline. The stock did not close Monday below its IPO price but below its closing level in its first post-IPO trading session. The story has been corrected. By Barbara Kollmeyer

SpaceX's massive market debut, reaching a $2 trillion valuation, is largely fuelled by AI ambitions, according to valuation expert Aswath Damodaran. While Starlink contributes…

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SpaceX shares have seen a significant drop, losing hundreds of billions in value over three days. This decline follows the company's announcement of its first investment-grade…

Gains have been pared back at the space and AI company following an initial surge after its record-breaking IPO.

A previous version of this column inaccurately described the effect of SpaceX's share-price decline. The stock did not close Monday below its IPO price but below its closing level…

Are investors starting to rethink their AI investments?