24/7 Wall Street
06 Nov 2026, 09:27 UTC · 1h ago
Elon Musk's Net Worth Drops Nearly $80 Billion In A Day As Tesla And SpaceX Stock Crater During Tech Wipe-Out
Impact · against what's priced in
The market is aggressively discounting the AI infrastructure boom, leading to sharp valuation contractions for chipmakers and cloud providers despite strong fundamentals. While the price of Tesla already leaned bearish on its transformation, the potential for regulatory hurdles to a SpaceX merger introduces new friction to the bull case.
- NBIS−0.60
Challenges what's priced in
- The price assumes





