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#markets
2 post(s) tagged markets.
SpaceX's first month as a public company was a very Elon month
The largest IPO ever popped, soared past Amazon and Microsoft in value, then gave a lot of it back. A rocket company that's also an AI company that's also an internet provider is hard to price. Here's my read.
Tesla crushed its delivery numbers. The stock fell 7%. Both things are true.
Tesla delivered 480,126 cars last quarter, about 74,000 more than Wall Street expected, and the stock had its worst day in almost a year. If you own one, drive one, or are thinking about buying one, here's what actually matters.