What Happened
Musk To Answer Investor Questions Amid Stock Volatility
Investors in Elon Musk’s space company, SpaceX, will have the opportunity to question him on Tuesday during the company’s first quarterly earnings call since going public. SpaceX shares have declined by half from their June peak, and investors are concerned that Musk may have oversold the company’s future prospects. The company is expected to report a net loss of $1.9 billion for the second quarter, according to a FactSet survey of analysts. This news was first reported by the Associated Press.