Boxabl is pivoting from modular homes to factory-built Server Pod data center units targeting AI infrastructure bottlenecks, though it remains pre-revenue and faces dilution from a $100 million offering.
Stocks fell as investors weighed AI CapEx concerns, Oracle's credit downgrade, Netflix and Tesla earnings, and upcoming Fed and Magnificent 7 reports, plus stock picks across sectors.
Boxabl debuted via SPAC at a $3.5 billion valuation with a tiny 1.38 million-share float, as legacy builders D.R. Horton and Lennar face margin pressure and rising inventory.
