WATCH: Why investors can't get enough of SpaceX

Article excerpt

SpaceX has captured investor appetite at a scale that mirrors the fervor surrounding artificial intelligence startups, with its valuation reflecting confidence in Elon Musk's vision for space exploration and satellite internet. Josh Schafer breaks down the mechanics behind the company's stock surge, examining how the private aerospace company's momentum could reshape expectations for how AI firms price their public debuts. The surge signals broader market enthusiasm for moonshot technologies, and the billionaire entrepreneurs steering them, even as traditional metrics struggle to justify valuations.