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Benzinga
Benzinga
Business
Radhika Anilkumar Nadig

SpaceX Has Fallen 45% Since Its Peak: Gary Black Says Investors Are Breaking the 'Number One Rule in Investing'

Spacex,Logo,On,A,Mobile,Phone,Screen,With,Spacex,Ceo

The Future Fund LLC Managing Partner Gary Black on Sunday said investors are breaking the “number one rule in investing” by treating Space Exploration Technologies Corp. (NASDAQ:SPCX) as a great stock simply because it is a great business.

‘Don’t Conflate A Great Business With A Great Stock’

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