In its S-1 filing for its IPO, Elon Musk's ******* eX (SPCX) had earmarked a market opportunity of $28 trillion. Out of this, the company, most popularly known for its rockets and Starlink broadband services, attributed more than 90% of this opportunity to AI. Some skeptics raised concerns; however, there was no stopping Musk as the company's data center buildout continues in full swing, and compute deals with the likes of Alphabet's (GOOGL) (GOOG) Google and Anthropic give ******* eX the much-needed AI street cred.
Yet, when Musk is involved, nothing is as smooth as it seems.
Nvidia CEO Jensen Huang Says His $3.5 Billion MediaTek Deal Is 'Not Circular' Because 'They Do Their Own Business'
Strategy's Strategy Appears to Have Failed, and the Outlook of MSTR Stock Is Unfavorable
A Potential ******* eX Deal Could Meaningfully Accelerate Growth for Technip Stock

#deal #Stock #goog