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Tesla The Best Elon Musk Company? 84% Say No — These 3 Rank Higher
Benzinga· 2025-05-29 19:34
Core Insights - Elon Musk leads multiple companies, including Tesla, SpaceX, Neuralink, The Boring Company, X, and xAI, with a combined valuation exceeding $1.6 trillion [1][2][3]. Company Valuations - Tesla Inc is valued at $1.17 trillion [1]. - SpaceX is valued at $350 billion as of December 2024 [2]. - The combined valuation of X and xAI is $113 billion [2]. - Neuralink is valued at $9 billion [2]. - The Boring Company is valued at $5.6 billion [2]. Investor Interest - A recent survey indicated strong investor interest in SpaceX and Starlink, with 27% of respondents favoring each [9]. - The combination of X and xAI received 19% of the votes, while Tesla garnered only 16% [6][9]. - Neuralink and The Boring Company ranked lower, with 8% and 4% respectively [9]. Potential IPOs - Musk has suggested that Starlink may go public in the future, although there is no immediate plan for an IPO [4][7]. - The potential spin-off of Starlink from SpaceX could provide additional capital and investment opportunities while maintaining partial ownership by SpaceX [8]. Investment Vehicles - Limited options exist for investors to gain exposure to Musk's companies, with the Ark Venture Fund holding 14.6% in SpaceX and 6.3% in X/xAI [11]. - The Destiny Tech 100 DXYZ fund also has significant exposure to SpaceX, often trading at a premium [11]. - Alphabet Inc is an early investor in SpaceX, which may increase in value over time [12].
Markets Mixed on Uneventful Trading Day
ZACKS· 2025-05-14 23:20
Market Overview - The stock market experienced mixed results with the Dow down by 60 points (-0.14%), S&P 500 up by 4 points (+0.07%), Nasdaq gaining 112 points (+0.59%), and Russell 2000 down by 15 points (-0.74%) [1] Bond Market - Bond yields have increased over the past two weeks, with the 10-year yield at 4.54% and the 2-year yield at 4.06%, up from 4.06% and 3.62% respectively [2] Earnings Results - Cisco Systems reported earnings of $0.96 per share, beating expectations by $0.05, with revenues of $14.1 billion slightly above the expected $14.06 billion. The company raised guidance for the next quarter and full year, resulting in a 3.8% increase in shares [3] - Cisco's acquisition of Splunk for $28 billion has contributed to a product growth of 20%, while growth without Splunk was only 9% [4] - CoreWeave reported a loss of $1.40 per share against an expectation of -$0.18, but revenues of $981.63 million exceeded the consensus of $850.38 million [4] Upcoming Economic Reports - A series of economic reports are expected, including Retail Sales, Producer Price Index (PPI), Empire State and Philly Fed surveys, Industrial Production, Capacity Utilization, Business Inventories, and Homebuilder Confidence [5] Upcoming Earnings Reports - Earnings reports are anticipated from Walmart, Alibaba, Deere & Co., and Birkenstock, with challenges noted in forward guidance during the Q1 earnings season [6]