Musk, Trump and Tesla
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Cathie Wood’s ARK Invest released its valuation for Elon Musk’s rocket company, SpaceX, on Tuesday evening. The numbers are, as investors might expect, eye-popping. (One could even say that ARK expects SpaceX’s valuation to go to the moon.
Elon Musk's public feud with President Donald Trump over the GOP tax package's deficit impact put the federal funding that Tesla and SpaceX have received in the spotlight.
4don MSN
"The easiest way to save money in our Budget … is to terminate Elon's Governmental Subsidies and Contracts," Trump said in a post.
A vitriolic war of words between President Donald Trump and SpaceX CEO Elon Musk could have profound repercussions for the nation’s civil and military space programs
For months, Tesla shareholders were tormented by Elon Musk’s role in the administration of President Donald Trump. But any relief brought by his formal government exit last week quickly turned to fear as the electric-vehicle maker’s chief executive traded barbs with his former boss.
The billionaire’s feud with the president over the nation’s debt is jeopardizing lucrative deals for SpaceX and other Musk companies.
The maker of electric cars now has offices, showrooms and logistics space across multiple Indian cities, even as its manufacturing plans remain unclear.