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How SpaceX Stock Looks as Tesla Struggles


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  SpaceX, Neuralink, the Boring Company and xAI soared upward by 45 percent collectively since Trump was elected in November.

The article discusses the current state of SpaceX in relation to Tesla's recent struggles. While Tesla faces challenges like declining stock prices, increased competition, and production issues, SpaceX appears to be on a more positive trajectory. SpaceX has not gone public, so it doesn't have a traditional stock price, but its valuation has been estimated at around $137 billion in early 2023. The company has seen successes with its Starlink satellite internet service, which has over a million subscribers, and continues to secure significant contracts for its Falcon and Starship rockets. Despite the lack of direct stock market performance, SpaceX's progress in space travel, satellite deployment, and potential future IPO or direct listings keep investor interest high. The article suggests that while Tesla's woes might concern investors, SpaceX's developments provide a counterbalance, showcasing the resilience and potential of Elon Musk's ventures in the space industry.

Read the Full Newsweek Article at:
[ https://www.msn.com/en-us/money/markets/how-spacex-stock-looks-as-tesla-struggles/ar-AA1AWPo0 ]

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