SpaceX scrubbed its latest Starship launch, and it landed right as fears about an AI stock bubble are rattling markets — bad news for tech and AI investors.

• Starship's 13th test flight aborted at ignition because some engines didn't start; SpaceX's paper value dropped tens of billions in after-hours trading.
• SpaceX is pitching a plan to put up to a million AI "data center" satellites in space, but faces protests across many states against the AI and data-center buildout.
• AI and chip stocks are sliding on fears of overvaluation and cheaper Chinese rivals like Moonshot, while power bills are climbing as data centers strain the grid.
• New York became the first state to ban big new AI data centers for now, and Google delayed its next Gemini model — signs the AI hype is cooling.
• Entry-level jobs are getting squeezed: coding jobs for people in their 20s are down since ChatGPT launched, and companies are cutting junior roles.

Outlook: Expect more turbulence for AI and tech stocks, more states weighing data-center limits, and another Starship launch attempt within days.