The ‘Musk selloff’ deepens as Tesla and SpaceX combine for $456 billion two-day wipeout
Summary
Tesla and SpaceX have suffered a massive market value loss over a two-day period. Investors are increasingly concerned that political division in Washington could negatively impact these interconnected business ventures.
Investors worry a divided Washington could derail “Elon, Inc.”
Source: Read the full story at MarketWatch.com - Top Stories
Disclaimer: This content is for informational and educational purposes only and is not financial, investment or trading advice. Tech & Money Press is not a registered investment adviser or broker-dealer. Trading stocks, options and crypto involves substantial risk, including the loss of your entire investment. Do your own research and consult a licensed professional before making any financial decision. The authors may hold positions in the securities mentioned. News summaries are written with AI assistance from the original publisher's report and may contain errors; always check the original source. Full disclaimer.