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The most expensive bubble in human history may not be real estate.
The 2000 dot-com bubble.
The 2008 housing bubble.
The 2021 new energy bubble.
The 2023 AI bubble.
But what the market is starting to worry about today is:
Will AI become the first tech bubble to expand through borrowing money?
Yesterday, the Nasdaq dropped 2.2%.
The chip index plummeted nearly 8%.
Nvidia fell 4%.
Tesla fell 6%.
The European tech index dropped 3.7% in a single day.
For the first time, the market is asking:
If interest rates stay high,
How much is AI really worth?
$SPCX