Better Investment Option: SpaceX or Cerebras?
The IPO market is heating up, with SpaceX expected to become the largest IPO of all time. Meanwhile, chipmaker Cerebras Systems (NASDAQ: CBRS) was off to a hot start, opening at $350 on May 14 after pricing its IPO at $185.
Both SpaceX and Cerebras are working to position themselves to become eventual artificial intelligence (AI) leaders in their respective markets. Let's take a closer look to see which one has the better chance at succeeding.
When you think of SpaceX, you probably think of the company's rocket-launching unit. After all, this is how SpaceX got its start, developing a reusable rocket that greatly reduced costs by being able to recover and refurbish a rocket's most expensive components instead of dumping them in the ocean. However, this is the company's smallest segment.
Source Fool.com
