Elon Musk is a Trillionaire Again Thanks to SpaceX Stock
Elon Musk is a trillionaire once again. Here's his new net worth total.
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Space Exploration Technologies Corp (NASDAQ:SPCX) shares are jumping Monday after multiple analysts published supportive research notes on the company.
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Elon Musk is a trillionaire once again. Here's his new net worth total.
Elon Musk has been appointed to co-lead 'Project Meridian,' a 120-day government taskforce studying future warfare capabilities. The article warns that SpaceX investors should be concerned, as Musk's previous government involvement with the Department of Government Efficiency led to negative press and a 34% decline in Tesla's stock. SpaceX, with its $2.2 trillion valuation and lack of profitability, could be particularly vulnerable to similar negative sentiment surrounding Musk's latest government role.
-Bloomberg.