This One Word On SpaceX’s First Earnings Call Cost It 11%, And Sent Nvidia Higher

SpaceX (SPCX) stock closed down about 14% on Wednesday, while Nvidia (NVDA) rose and Advanced Micro Devices (AMD) fell. All three moves traced back to one word Elon Musk used on SpaceX’s first earnings call. That word was “exclusively.” Musk said SpaceX would build its artificial intelligence (AI) systems only on Nvidia chips from now