What is SpaceX, exactly? Here’s a rundown of its massive bets — and why they’re fueling excitement and anxiety across Wall Street

Source: New York Post

SpaceX isn’t just a rocket company anymore — and its wide-ranging bets on everything from satellites to artificial intelligence have sparked a mixture of enthusiasm and anxiety across Wall Street. On one hand, Elon Musk’s company is minting cash from Starlink, the satellite operator that beams internet access to homes, businesses and governments worldwide. On the other hand, SpaceX recently ingested a money-losing AI division that houses the social media app X and xAI, known for its snarky Grok chatbot.