In a world full of tech-driven opportunities, one name stands out above all: Elon Musk. As a business magnate, inventor, and investor,Musk has developed a near-legendary reputation. His most famous creations are arguably the companies which he has founded. As investors seek to capitalize on Musk’s remarkable track record, they may be wondering: Which Elon Musk companies are publicly traded?
To date, two companies helmed by Musk are publicly listed. They are Tesla Inc. (TSLA) and Space Exploration Technologies Corp. (SpaceX).
Tesla Inc. is an American electric vehicle and clean energy company based in Palo Alto, California. Founded in 2003, Tesla has become the forefront of electric vehicles which are the most efficient and viable source of alternative energy transportation. Tesla shares have seen remarkable growth in recent years, thanks to the company’s product lineup that includes premium Model 3 and Model S vehicles. Investors are further encouraged by Chevy’s plan to begin producing their own electric vehicle models in the near future, which is likely to boost Tesla’s sales.
Space Exploration Technologies Corp. (SpaceX) is a space transportation services company based in Hawthorne, California. It is well known for being the first private company to send a spacecraft to orbit and developing the Falcon 9 reusable rocket. In January 2021, SpaceX became the first private company to launch a human mission into space. SpaceX has many ambitious plans for the future, including manned explorations to Mars, an international space station in low Earth orbit and intercontinental ballistic missiles. As SpaceX continues to revolutionize the space industry, investors have the opportunity to capitalize on this growing industry.
As investors consider taking part in Elon Musk-linked investments, they must keep a few things in mind. It is important to remember that any investment made comes with inherent risks, no matter how promising the situation seems to be. Additionally, investors should also factor in their own risk tolerance and portfolio objectives to ensure that they are making profitable decisions. Lastly, investors should perform consistent due diligence to stay up to date on the market conditions of the two companies.
Analyzing Tesla Inc.
Tesla Inc. is the leading clean energy firm and its stock continuously grows due to the company’s innovation. TSLA is currently trading at $747, up from $204 in June 2020 and $450 in late December. There are also certain risks linked with Tesla, such as production delays, safety concerns, and competition from China and other international manufacturers. Overall, Tesla Inc remains attractive to investors who are interested in the innovative clean energy and automotive industry.
Analyzing Space Exploration Technologies Corp.
SpaceX is the only public company that provides space transportation services. Its stock has risen tremendously from its initial public offering (IPO) in August 2020, trading at $310 on January 18, 2021, compared to its IPO price of $269. Moreover, SpaceX’s ambitious space exploration projects present potential investors with exciting possibilities in the short-and long-term. Risks associated with investing in SpaceX include management changes, increased competition in the sector, and cost overruns.
Assessing Tesla Inc. and Space Exploration Technologies Corp.
Both Tesla and SpaceX offer investors lucrative opportunities, but investors must carefully evaluate each company’s potential and risks before investing. While Tesla is established in the electric vehicle and clean energy industry, SpaceX is an emerging company in the space transportation services sector. However, both companies have proven to be highly profitable. With Musk’s track record of success, investors can be confident that these two companies have a bright future.
Short-term Investment Considerations
As investors seek to invest in these two companies in the short term, there are a few considerations to keep in mind. Tesla’s quick growth can present investors with opportunities to make quick profits, but it is important to analyze the company’s performance to determine if it is a sound investment. On the other hand, SpaceX is still relatively young and is taking a riskier path. As such, investors should factor in SpaceX’s ambitious long-term goals before investing to ensure they are making informed and profitable decisions.
Long-term Investment Considerations
When thinking of investing in these two companies over the long term, investors must remember that both companies are subject to market fluctuations. Tesla’s quick growth may be a sign of short term gains but may not necessarily be indicative of long-term growth. SpaceX’s ambitious plans in the space industry may prove to be a lucrative opportunity for investors, but only time will tell if it will bear fruit. Furthermore, investors should be aware of external factors such as regulatory issues that could have an effect on the performance of the two companies.
Risks and Rewards of Investing in Elon Musk Companies
Overall, investing in Elon Musk companies can be highly rewarding, but it is important to keep in mind the risks. Investors should not overlook the potential of Tesla and SpaceX and the possibility of quick gains, but should also account for the long-term outlook and risks of investing in these two companies. By taking into account these risks, investors can make informed decisions that could result in substantial rewards.
