SpaceX push into new businesses rattles select power stocks
SpaceX has been reported as suggesting it needs to get into additional businesses to alleviate bottlenecks to more AI compute, roiling parts of the power-equipment manufacturing supply chain and impacting several stocks.
SpaceX has had a busy week, unsettling the power-equipment manufacturing supply chain after suggesting it may need to enter the business to help ease key bottlenecks to more AI compute. Shares of several companies have been affected. Wall Street, however, does not appear to see much risk to the segment in question.