SpaceX Stock Price Outlook as Hedge Funds Erase Nearly 2 Years of AI Buying in 5 Days
Not investment advice. Muhabbit scores how much a story may matter, not which way to trade.
SpaceX (NASDAQ: SPCX) shares fell 8.6% over five trading days as hedge funds dumped AI-linked stocks, with Goldman Sachs data showing five consecutive sessions of selling that erased nearly two years of hedge fund buying in the AI trade since 2025. The selloff reflects a broad retreat from AI-exposed equities, with funds unwinding positions accumulated throughout 2025 in a matter of days. The move matters because hedge fund positioning has been a key driver of AI stock momentum, and a rapid deleveraging of that magnitude can signal a shift in institutional sentiment toward the sector. Watch for whether Goldman Sachs' prime brokerage data shows continued net selling in coming sessions, whether other institutional investors follow the unwind, and whether SpaceX shares stabilize or extend losses as the AI trade reassesses.
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SpaceX, Goldman Sachs (GS)
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