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SpaceX IPO prospectus almost here? Gary Black warns it could steal Tesla's investors
Analyst Gary Black suggests that if SpaceX were to release an IPO prospectus, it could potentially draw investor interest away from Tesla, as many retail investors are already heavily invested in Elon Musk’s companies. Black also notes that SpaceX might be more palatable to institutional investors who have avoided Tesla due to its CEO. Additionally, he highlights the potential for SpaceX CEO Gwynne Shotwell to gain significant recognition, similar to her increased visibility at a recent satellite conference.