What is the meaning of 1 Peter 2:7?

* The two F.O.G. Bibles & Commentary below are currently a work in progress.

To you who believe, then, this stone is precious. But to those who do not believe, “The stone the builders rejected has become the cornerstone,”

Berean Standard Bible (BSB)

For you who believe therefore is the honor, but for those who are disobedient, “The stone which the builders rejected, has become the chief cornerstone,”

World English Bible (WEB)

Unto you{G5213} therefore{G3767} which{G3588} believe{G4100}{(G5723)} he is precious{G5092}: but{G1161} unto them which be disobedient{G544}{(G5723)}, the stone{G3037} which{G3739} the builders{G3618}{(G5723)} disallowed{G593}{(G5656)}, the same{G3778} is made{G1096}{(G5675)}{G1519} the head{G2776} of the corner{G1137},

Strong's King James

Therefore this is precious for you who are believing but for those disbelieving,"THE STONE WHICH THE BUILDERS REJECTED, THIS BECAME INTO THE HEAD CORNERSTONE."

The F.O.G*

[7] So to you who trust Him, He is precious beyond words. But to those who reject Him, He has become exactly what the Scriptures predicted: "The stone the builders tossed aside as worthless has become the most important cornerstone of all."

The F.O.G Paraphrase

to you, then, who are believing is the preciousness; and to the unbelieving, a stone that the builders disapproved of, this one did become for the head of a corner,

Young's Literal Translation