You Already Own Tesla. Should You Add SpaceX to Your Portfolio, Too?

SpaceX's stock has plummeted 31% from its $225 IPO peak to $156, with analysts questioning its $2 trillion valuation. While the company dominates space launches and Starlink is profitable, massive losses from xAI and other divisions, combined with governance concerns and positive correlation with Tesla, make it a risky addition to existing Musk-heavy portfolios.