SpaceX shares crashed around 14% after the Elon Musk-led company’s aggressive AI spending plans spooked investors. The stock plunge came as analysts drew a comparison between the company’s falling valuation and reports of a SpaceX rocket part crashing into the Moon.
Parts of a SpaceX rocket unintentionally crashed into the Moon on Wednesday after drifting off course for nearly a year, media reports said. Astronomers have reportedly identified debris plumes from the impact using telescopes.
