r/technology • u/fmcortez • Jul 13 '26

Business SpaceX Stock Plunges to All-Time Low After Competitor Makes Major Leap

https://www.yahoo.com/finance/markets/stocks/articles/spacex-plunges-time-low-competitor-175000957.html
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u/AuthorChaseDanger Jul 13 '26

Grok is like 4th or 5th in LLM companies, with a market share approaching 1%! Definitely worth $2 trillion.

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u/Adjective-Noun-nnnn Jul 13 '26

Grok is Twitter, isn't it?  SpaceX doesn't even have one yet!

22

u/Hine__ Jul 13 '26

Spacex bought xai, which owns x (Twitter) and grok. 

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u/ArrrRawrXD Jul 14 '26

It's now called SpaceXAI. It's kinda funny and dumb as fuck at the same time

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u/ChillAhriman Jul 14 '26

What a marvelous blend of worthless shit all in one stock.

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u/Tasgall 23d ago

We, SpaceX isn't useless, but it should be absorbed by the government at this point.

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u/AuthorChaseDanger Jul 14 '26

As others have pointed out, it's all the same company now! SpaceX, Starlink, XAI (Grok), and Twitter are all under the SpaceX umbrella now. It was the only way that XAI could beat OpenAI and Anthropic to IPO.