Right now, Tesla isn’t just a car company. It’s also a proxy bet on Elon’s brain. SpaceX hype, Mars dreams, Starlink — all of that leaks into TSLA.
If SpaceX goes public, that magic splits.
Want rockets? Buy SpaceX.
Want cars? Buy Tesla.
Capital, attention, and hype get divided. Some money will rotate out of TSLA straight into SpaceX. That “Elon premium” Tesla enjoys doesn’t disappear, but it definitely gets diluted.
Tesla stays a real company with real revenue.
But it stops being the only way to invest in Musk’s big future.
If Musk Actually IPOs SpaceX, Tesla Stock Is Gonna Feel It
Armstrong·9mo
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