Musk Bets Backfire as SpaceX and Tesla Slide Hit Funds
TL;DR
SpaceX and Tesla have fallen sharply since June 16, dragging down Elon Musk–backed funds: Ron Baron’s Baron Partners Fund and Baron Focused Growth Fund are down about 16% and 12%, while ARK Invest’s ARK Innovation Fund has dropped around 11%, illustrating how concentrated bets on Musk’s ventures are weighing on performance.
- Tesla (TSLA) and SpaceX Stock Drops Hit Cathie Wood and Ron Baron Funds Barron's
- 5 Charts on What to Watch in SpaceX Earnings Morningstar
- Down 50%, here’s what the experts say about the SpaceX share price Yahoo Finance UK
- Elon Musk stocks take $1.5 trillion hit with fresh test in SpaceX lockup ahead CNBC
- What a $1,000 Investment in SpaceX at IPO Would Be Worth Today and What Comes Next fool.com
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