SpaceX's $101 Billion Valuation Adds Pressure on Shares
SpaceX's $101 billion valuation, revealed during its first earnings call, is putting significant pressure on its shares and spooking investors. Elon Musk's comments during the call have drawn considerable attention from the market.
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SpaceX’s $101 Billion Unlock Heaps Pressure on Battered Shares
Investors hanging onto SpaceX shares after a plunge below their IPO price are bracing for the next potential hit, when $101 billion worth of stock becomes available for trading on Thursday.
By Bailey Lipschultz
Read full article →Elon Musk's 5 most noteworthy comments during SpaceX's first earnings call
Elon Musk is the CEO of SpaceX. Fabrice Coffrini / AFP via Getty Images Elon Musk was full of bold predictions for SpaceX's future on the company's first earnings call. Musk predicted annual revenue would hit $1 trillion by 2030, a year earlier than previously expected. He also joked about the ease of building data centers compared to rockets and predicted Moon factories. Elon Musk issued a jaw-dropping revenue forecast, ridiculed the ease of building data centers compared to rockets, and e...
Read full article →This SpaceX number is spooking already skittish investors
Read full article →SpaceX’s $101 Billion Unlock Heaps Pressure on Battered Shares
Investors hanging onto SpaceX shares after a plunge below their IPO price are bracing for the next potential hit, when $101 billion worth of stock becomes available for trading on Thursday.
By Bailey Lipschultz
Read full article →
