In many ways, the public debut of Space Exploration Technologies Corp. (SPCX +1.61%), or SpaceX, was historic. The launch was undoubtedly the biggest initial public offering (IPO) of all time. The company raised $85.7 billion in all, and demand for the stock pushed its market cap to a record-setting $2 trillion. Despite the frenzy, some investors stayed on the sidelines, as SpaceX's valuation soared into the stratosphere. At one point last week, the company's market cap surged to more than $2.8 trillion, pu ...

Space Exploration Technologies (SPCX +1.61%) continues to make headlines. Elon Musk's rocket, satellite, and artificial intelligence company agreed to a $6.3 billion deal with an AI start-up, Reflection AI. Image source: The Motley Fool. What is Reflection AI? Reflection AI is an AI start-up that was founded in 2024 by two former researchers of Google DeepMind, which is Alphabet's research and development lab for AI. The company is developing open-source foundation AI models to build a "superintelligence" a ...

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