The Elon Musk Rollercoaster: A Test of Market Sanity The recent market performance of SpaceX and Tesla has been marked by a significant downturn, with a cumulative loss of $1.
5 trillion in market capitalization since mid June. This steep decline has left investors wondering whether it's a sign of market volatility or a deeper issue with the companies themselves.
One possible explanation lies in the approaching earnings report for SpaceX, scheduled for Tuesday.