SpaceX Buying Tesla at Current Valuations Would Not ‘Pass Muster,’ Gary Black Says as SPCX Retreats From Post-IPO Highs
Future Fund Managing Director Gary Black disagrees with speculation of SpaceX acquiring Tesla, citing fiduciary duty.
Why It Matters
An investment expert said SpaceX probably wouldn't buy Tesla right now because it wouldn't be a smart financial move for SpaceX's owners. This is just one person's opinion about what might happen, not actual news of a deal.
This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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