Cathie Wood's 2030 Math: Tesla Rockets Past SpaceX By $5.7T
Cathie Wood's two favorite Elon Musk ventures—Tesla Inc TSLA and SpaceX – are heading for the stratosphere, but not at the same speed.According to Wood's latest projections, Tesla stock could hit $2,600 by 2030 – that’s a jaw-dropping $8.19 trillion market cap (assuming no change in shares outstanding). On the other hand, she sees SpaceX at a lofty $2.5 trillion by 2030.That means SpaceX, even after launching thousands of satellites and pioneering global broadband via Starlink, would be valued at just 30.5% ...