Elon Musk dismissed a Wall Street Journal report that SpaceX built a prototype AI device, calling it “utterly false”. SpaceX stock (SPCX) fell about 7% on Wednesday as investors weighed the conflicting accounts.
The report said the company privately showed investors a handset-like device before its public listing. The denial gave traders little clarity on a stock already prone to sharp swings.
Musk Rejects the AI Device Report
The Wall Street Journal reported that SpaceX showed investors a device slimmer than an iPhone before its June listing. The prototype reportedly ran a proprietary operating system on a Qualcomm (QCOM) Snapdragon chipset.
It also drew on technology from Musk’s…
