XAI

SpaceX has lost more than $600 billion in market value over three sessions after unveiling its first bond sale tied to AI expansion and xAI. Bitcoin, meanwhile, held close to $63,600 with only a modest decline, highlighting a split between AI-driven risk sentiment and crypto resilience.

SpaceX has soared to a roughly $2.5 trillion valuation after its June 12 debut, putting it among the world’s largest companies. The rally is raising questions about whether risk capital is shifting away from crypto and into AI-linked equities.