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On the 5th local time, Wall Street investment bank Morgan Stanley released a bullish report on SpaceX, believing that the company's future growth prospects are promising. SpaceX's share price surged 7.63% due to favorable effects. The company's CEO Musk's personal net worth increased by about 30.6 billion US dollars in one day, and Tesla's stock price also rose on the same day, bringing Musk's total net worth back to trillion US dollars. The stock price of SpaceX, a company spanning space and artificial intelligence, has rebounded about 58% from the August low. Since this year, the AI boom and tech stocks have soared, causing the wealth of the tech rich to soar. The Bloomberg Billionaires Index shows that in the first nine months of this year, the wealth of about 100 tech billionaires in the world increased by a total of 845 billion US dollars compared to the same period last year, setting a record high for the same period; the wealth of the non-tech billionaires shrunk by 62 billion US dollars. What is even more interesting is that currently the top ten richest people in the world are all from the US. This is the first time since statistics were available in 2012. Among them, only Buffett does not belong to the fields of technology and AI. Analysts believe that behind this round of AI wealth is technological breakthroughs, expansion of computing power, and the pursuit of capital. The capital market discounted future growth to stock prices ahead of schedule, but concerns are also accumulating. Therefore, the key to whether this round of AI enrichment can continue is whether AI can transform technological advantages into sustainable profits and productivity increases.
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On the 5th local time, Wall Street investment bank Morgan Stanley released a bullish report on SpaceX, believing that the company's future growth prospects are promising. SpaceX's share price surged 7.63% due to favorable effects. The company's CEO Musk's personal net worth increased by about 30.6 billion US dollars in one day, and Tesla's stock price also rose on the same day, bringing Musk's total net worth back to trillion US dollars. The stock price of SpaceX, a company spanning space and artificial intelligence, has rebounded about 58% from the August low. Since this year, the AI boom and tech stocks have soared, causing the wealth of the tech rich to soar. The Bloomberg Billionaires Index shows that in the first nine months of this year, the wealth of about 100 tech billionaires in the world increased by a total of 845 billion US dollars compared to the same period last year, setting a record high for the same period; the wealth of the non-tech billionaires shrunk by 62 billion US dollars. What is even more interesting is that currently the top ten richest people in the world are all from the US. This is the first time since statistics were available in 2012. Among them, only Buffett does not belong to the fields of technology and AI. Analysts believe that behind this round of AI wealth is technological breakthroughs, expansion of computing power, and the pursuit of capital. The capital market discounted future growth to stock prices ahead of schedule, but concerns are also accumulating. Therefore, the key to whether this round of AI enrichment can continue is whether AI can transform technological advantages into sustainable profits and productivity increases.
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