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SpaceX's IPO could be a real problem for Tesla [Business Insider]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
Have an account? Log in This post originally appeared in the Business Insider Today newsletter. You can sign up for Business Insider's daily newsletter here Elon Musk's other company reports earnings today. Loading audio narration... That's a funny way to describe a $1.2 trillion company, but Tesla's increasingly feeling like it's playing second fiddle to SpaceX. Musk's space company, which houses his AI startup, xAI, is eyeing a historic IPO that could value it at up to $2 trillion. (He's also got a court case against Sam Altman to worry about, but that's another story entirely Meanwhile, the excitement around Tesla, which reports earnings this afternoon , is considerably less. The stock is down nearly 12% this year as Musk keeps pitching the world's most valuable car company as anything but a car company From robots to robotaxis, Musk's vision for Tesla's future is very AI-focused. And it's discontinuing some car models to make room for those bets. Some progre
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