Svmuu News: SpaceX is preparing for a record-breaking initial public offering (IPO), but renowned investor Steve Eisman has expressed concerns about its artificial intelligence business. Eisman, the real-life trader who inspired the character betting against the housing market in the movie "The Big Short," said in an interview with CNBC on Monday that although he does not plan to short SpaceX stock during the IPO, the company's prospectus has raised some red flags. SpaceX's capital expenditures have increased significantly: "Capital expenditures accounted for only 42% of revenue in the 2023 fiscal year, but have reached 215% of revenue in the most recent quarter, indicating that the company has become highly capital-intensive." (Business Insider)