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SpaceX Slide and Kimi K3 Launch Fuel Fears of AI Stock Bubble

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Abstract
SpaceX’s 47% retreat from its post-IPO high and Moonshot AI’s low-cost Kimi K3 model are challenging premium AI valuations, although resilient semiconductor shares and evidence of AI adoption complicate claims that the broader trade has collapsed. SpaceX Decline Tests Confidence in Premium AI Valuations Uncertainty surrounding AI-linked equities has intensified as investors weigh a temporary […]
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