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Will the SpaceX IPO Be Bad News for Tesla's Stock? [Yahoo! Finance]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
The company might be valued at $1.75 trillion, which analysts believe could be justifiable due to the company's robust Starlink satellite business and the recurring revenue it generates. There will undoubtedly be plenty of excitement around the new IPO, which could come as early as this summer. But could the IPO be bad news for another popular Musk stock -- Tesla (NASDAQ: TSLA) Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Image source: Getty Images. Could Tesla fall out of favor with Musk's followers? A big reason Tesla has commanded a massive valuation of its own is not only the long-term hope for its business's continued growth, but also the investment in Musk's vision, which goes beyond electric vehicles (EVs), which make up the lion's share of Tesla's revenue today. At $1.3 trillion, Tesla is one of
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