Elon Musk’s companies are having a bad week on the markets: Why SpaceX and Tesla stock prices are down

Elon Musk’s companies are having a bad week on the markets: Why SpaceX and Tesla stock prices are down

💼 Finance & Business
Summary

July has been a horrible month for the stock prices of Elon Musk’s two publicly traded companies: Tesla (Nasdaq: TSLA) and SpaceX (Nasdaq: SPCX). As of the close of markets yesterday, the two companies have seen their stock prices decline by roughly 24% and 31%, respectively, since June 30.

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