Get all your news in one place.
100's of premium titles.
One app.
Start reading
Fortune
Fortune
Sasha Rogelberg

'SpaceX is his new baby at the expense of Tesla': Elon Musk’s IPO could be bad news for his EV maker, investors warns

Elon Musk puts one hand to his chin and he looks up. He is in front of a blue "World Economic Forum" background. (Credit: Krisztian Bocsi/Bloomberg—Getty Images)

Elon Musk’s “Muskonomy” is growing, but it may spell trouble for Tesla.

SpaceX’s pending IPO reportedly scheduled for June will double Musk’s publicly traded companies, joining Tesla as a target for investors betting on the CEO’s moonshot goals around automation and space exploration. But rather than seeing twice the opportunity to cash in on a Musk-led enterprise, investors and analysts instead see red flags for Tesla stock.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.