SpaceX Unveils AI Device, Qualcomm Up 0.7%
SpaceX, having completed a historic debut on the public markets, has kept investor interest alive by showcasing a prototype AI‑interaction device in a series of private meetings with key stakeholders and institutional investors, according to a Wall Street Journal report citing people familiar with the matter. The hardware is described as sleeker and thinner than an Apple iPhone and is intended to run on a proprietary operating system that deeply integrates cutting‑edge AI models from Musk’s xAI division, which SpaceX absorbed earlier in the year.
The prototype is powered by a Qualcomm Snapdragon chipset, a detail that prompted immediate market reaction. Qualcomm (NASDAQ:QCOM) shares rose approximately 0.69% following the announcement, reflecting investor enthusiasm for the high‑profile AI hardware partnership. Apple (NASDAQ:AAPL) initially edged slightly lower as the market weighed the prospect of a new premium‑device competitor, but the stock quickly recovered and was reported up 1.80% at the last check. SpaceX’s own ticker, SPCX, was noted down 7.03% in the same coverage.
SpaceX cautioned investors that the project remains in its infancy, with the design still highly fluid and no official green light for commercial mass production at this stage.