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Bill Ackman Says 'Never Bet Against Elon' Amid SpaceX's Decline, Explains Why Pershing Square Doesn't Own SPCX

Jul 21, 2026 · 05:56 AM ET· updated 5h ago
Bill Ackman Says 'Never Bet Against Elon' Amid SpaceX's Decline, Explains Why Pershing Square Doesn't Own SPCX

Bill Ackman backs Elon Musk's SpaceX and calls it a very interesting business that can offer superior compute capacity for AI.

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Why It Matters

A famous investor thinks SpaceX is really interesting for AI work, even though some people think it's struggling right now. When smart investors say nice things about a company, it's worth noticing what they think makes it special.

This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

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