◆ NeutralSPCXTSLA
Now That SpaceX Is Public, Should You Ditch Tesla Stock?
The Motley Fool·
SpaceX's recent IPO has made it the hot new Elon Musk stock, but the article argues Tesla remains the better investment. While SpaceX has a higher market cap ($2T vs $1.5T), it's losing money ($8.7B annually) and burning cash rapidly ($20B/year) despite $100B+ in cash reserves. Tesla, by contrast, generates nearly $100B in annual revenue, maintains positive free cash flow of $7B yearly, and has been profitable since 2019. The author suggests SpaceX may eventually acquire Tesla given their stated plans for deeper strategic collaboration.
Read Full Article at The Motley Fool →