Elon Musk made a bold bet on artificial intelligence when he IPO'd Space Exploration Technologies (NASDAQ:SPCX) in June, highlighting a total addressable market for "Super Intelligence" worth $26.5 trillion. So how is that working out for him today? Well, as of 11:30 a.m. ET, SpaceX stock is down 7.5% -- its second day in a row of losses -- and now SpaceX is back trading below its IPO price. Image source: The Motley Fool.
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