FAA Says Will Oversee The SpaceX-Led Starship Mishap Investigation; Starship Mishap Involved Both The Super Heavy Booster And The Starship Vehicle
Portfolio Pulse from Benzinga Newsdesk
The FAA announced it will oversee the investigation into the SpaceX-led Starship mishap, which involved both the Super Heavy Booster and the Starship vehicle, according to Reuters citing a post on X.
March 14, 2024 | 3:56 pm
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The FAA's oversight of the SpaceX Starship mishap investigation may indirectly impact Tesla due to Elon Musk's association with both companies.
Although Tesla (TSLA) is not directly involved in the SpaceX Starship mishap, the negative news surrounding Elon Musk's SpaceX could indirectly impact investor sentiment towards Tesla. Given Musk's pivotal role in both companies, any regulatory scrutiny or negative publicity for SpaceX could potentially affect Tesla's stock price in the short term due to perceived shared reputational risk.
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