The ‘Musk selloff’ deepens as Tesla and SpaceX combine for $450 billion two-day wipeout
THE SO WHAT
A $450 billion two-day drawdown across Musk-linked names is a reminder that “Elon, Inc.” is now a single macro factor in public markets. Operators depending on Tesla, SpaceX, or xAI should model counterparty and execution risk as correlated, not independent.
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