As SpaceX Sheds a Tesla’s Worth of Value, Elon Musk Is Trying to Sell Investors on Another Company
THE SO WHAT
SpaceX’s valuation reset while The Boring Company seeks $4B highlights how even marquee founders are juggling multiple capital-intensive bets at once. If you’re in deep tech, expect LPs and later-stage investors to scrutinize portfolio concentration and cross-company risk more tightly before writing big checks.
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