What Happened
Elon Musk's Venture Faces Challenges Amidst Wild Flight 14 Expectations
SpaceX completed a successful 13th Starship test flight, but the company’s stock still struggles, dropping 7% this past week. The test was deemed ’near perfect’, but investor confidence remains low. The upcoming Flight 14 is expected to be significant, and its outcome may impact the stock’s performance. According to Barron’s, the company’s stock has been declining for three consecutive weeks, despite the recent test success.