🚀 SpaceX & Tesla: What’s Shaking Up the Market?

Major developments are unfolding across Elon Musk’s businesses. Here is a concise update, I have also summarised it into infographic for easy reading:

🛰️ SpaceX: Expanding Beyond Rockets

SpaceX is moving aggressively into communications.

As Per Bloomberg, it is in talks with Charter Communications for consumer mobile services; analysts at TD Cowen note it may also acquire a U.S. wireless carrier, with T-Mobile seen as a leading candidate.

Its “direct‑to‑cell” technology is advancing fast. Recently, another 24 Starlink satellites launched and are expanding global coverage.

Investor interest is surging. SpaceX is set to join the Russell 1000/3000 indices and the Nasdaq‑100 effective 7 July . It is likely to drive institutional buying. Cathie Wood’s ARK Invest also added ~US$7 million worth of shares recently.

🚗 Tesla: Navigating Headwinds

Tesla faces challenges, with its stock down roughly 13%. Regulators including NHTSA and NTSB are investigating a fatal Texas crash linked to Autopilot.

Key investors have raised concerns over governance, delays to its robotaxi program, and speculation of a potential SpaceX‑Tesla merger. On the positive side, Musk has emphasised Tesla’s high domestic content to mitigate trade‑related risks.

💡 What is your take? Could a SpaceX‑T‑Mobile partnership be transformative or are Tesla’s issues a warning sign? Let’s discuss! 👇

$SpaceX(SPCX.US)$Tesla(TSLA.US)