The post SpaceX Price Rebounds 60% as AI Bet Drives Fresh Investor Interest appeared first on Coinpedia Fintech News
SpaceX has reportedly rebounded about 60% from its recent low as investors focus on its expanding AI business. The company is reportedly seeking $40 billion to buy Nvidia chips for its AI infrastructure, while Elon Musk plans to build 10 GW of AI capacity by 2027. Stronger-than-expected earnings and rising Starlink subscribers have also supported …