SpaceX and Meta face massive capital-raising overhangs

Yahoo Finance Executive Editor Brian Sozzi takes a closer look at what SpaceX's (SPCX) and Meta's (META) capital raising efforts may be signaling for the market (^DJI, ^IXIC, ^GSPC) ahead. Video Transcript 00:00 Speaker A All right, it's important as an investor to pay attention to the clues companies give, even if those clues are being ignored by the market. I think this is what's happening when it comes to SpaceX, Meta, and soon a lot of other hyper scalars. 00:10 Speaker A SpaceX strongly signal it's going to need loads of capital to support its ambitions in space and AI. Some on the street I have talked with estimate SpaceX will need to raise hundreds of billions of dollars to fuel the business Elon Musk wants to build.