Peter Schiff Warns SpaceX Stock Price Decline May Signal AI Boom Risks

TechFlow news, July 26, according to TheStreet, economist Peter Schiff stated that the recent decline in SpaceX (SPCX) stock price may be a warning signal from the market regarding rising risks in high-valuation AI stocks and crypto assets. He believes that SpaceX's adjustment is not a single company issue, but may reflect a trend of cooling investor enthusiasm for hot assets.

SpaceX stock price closed at $115.26 on July 22, down about 49% from its historical high, and below the $135 offering price paid by institutional investors when subscribing in June. Schiff posted on the X platform stating that SpaceX's decline "may indicate future trends," and previously stated "AI is not a bubble, but AI stocks are."

In addition, SpaceX issued $25 billion in bonds in June, covering multiple maturities. Among them, the yield on bonds maturing in 2056 rose to a record level of 7.6% this week, reflecting a reassessment by bond investors of long-term risk premiums.