SpaceX CEO Elon Musk Mocks This Rival CEO For Slow Transition To Reusability
Portfolio Pulse from Anan Ashraf
SpaceX CEO Elon Musk mocked Rocket Lab USA Inc's CEO Peter Beck for his comments on rocket reusability. Rocket Lab recently launched a mission with a pre-flown 3D-printed Rutherford engine. Musk has previously emphasized the importance of reusability in rocket manufacturing, warning that companies not adopting this approach risk becoming obsolete.
September 18, 2023 | 11:29 am
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Elon Musk's mockery of Rocket Lab's slow transition to reusability could potentially impact investor perception and the company's stock price.
Elon Musk's comments could potentially sway investor sentiment towards Rocket Lab, leading to a negative impact on the company's stock price in the short term. However, the actual impact would depend on how investors interpret Musk's comments and the company's response.
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