A post by @DeItaone on X.
*TESLA SHARES EXTEND DECLINE TO 10%, SPACEX SHARES FALL 7.5%
@DeItaone on X
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Tesla shares extended their decline to 10% while SpaceX shares fell 7.5%, according to a market update from Walter Bloomberg. The dual selloff spans both of Elon Musk's flagship companies, though the headline gave no explicit cause for the moves. The scale of the Tesla drop is notable given the stock's heavy weighting in major indexes and its role as a retail sentiment bellwether. SpaceX's 7.5% slide draws attention because the private company's valuation marks are less frequently repriced than public equities. What to watch next is whether the declines deepen into the close and whether Musk-linked assets move in sympathy.
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