SPCX.TO is trading at CA$19.10, up +5.47%, as a volatile relief rebound follows its 14.37% plunge on August 5 after the AI-spending selloff.

  • The prior selloff followed SpaceX’s Q2 disclosure of $18.37 billion in capital expenditures, including $15.83 billion for AI infrastructure, intensifying concerns about cash burn and the sustainability of its aggressive AI strategy.
  • Broader technology sentiment remains mixed, with Nasdaq futures pressured by disappointing semiconductor guidance as investors reassess SpaceX’s earnings reaction and elevated AI-investment expectations.