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r/stocksr/stocks· u/SuperDuperProCat· 3d agoAdvice Request 18

Tesla and SpaceX

Investor summaryNeutral

Author asks if the rumored SpaceX IPO will impact Tesla's stock price due to Elon Musk's involvement, seeking investment advice.

Bear points
  • Tesla is down around 25% from its all-time high this year.
  • Potential capital diversion or negative sentiment if SpaceX IPO proceeds under the same CEO.
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Post body

Tesla is down around 25% from ATH this year, and SpaceX IPO is release last few weeks. currently ARK still hold around 1.6m shares(around10%of their fund) and 1.7m shares of SpaceX.

What you all think about the price movement of Tesla after this, is SpaceX IPO will affect their price movement since their are both under Elon. Currently im still holding Tesla and still keep on eye on SpaceX

You all will prefer to invest Tesla or SpaceX or both together, need advice on this

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