Elon Musk, the billionaire CEO of SpaceX and Tesla Inc., announced on Friday that he will be giving a company talk for SpaceX next week, followed by a talk about Tesla. Musk expressed his excitement about recapping the talented team’s accomplishments in 2023 and sharing exciting plans for 2024 and beyond.
The talks will be posted on the respective X accounts of both companies. However, the timing of the Tesla talk will depend on when the company files its 10-K, which details its financial performance, with the Securities and Exchange Commission. It is expected that the talk will take place after Tesla releases its fourth-quarter earnings and files its 10-K.
Tesla recently began deliveries of its highly anticipated Cybertruck, four years after its initial unveiling in 2019. The company has set an ambitious goal of delivering 1.8 million vehicles in 2023.
Gary Black, a Future Fund Manager and Tesla bull, suggested that Musk’s talk for Tesla will likely take place after the company posts its fourth-quarter earnings and files its 10-K, estimated to be towards the end of January.
SpaceX, being a privately held company, is not required to make financial filings like Tesla. However, based on a recent tender offer, the company is valued at an impressive $180 billion. In 2023, SpaceX completed 96 launches and has its sights set on 144 launches in 2024.
The company’s rapid scaling and ambitious goals have contributed to its soaring valuation. SpaceX has become a leader in the space industry, surpassing the valuations of established companies like Boeing, Lockheed Martin, Disney, Verizon, and IBM.
Musk’s talks for both SpaceX and Tesla are highly anticipated by investors, enthusiasts, and the general public alike. The talks provide an opportunity for Musk to share updates and insights into the progress and future plans of both companies.
The Future of Mobility coverage by Benzinga provides more in-depth analysis and coverage of the latest developments in this rapidly evolving industry.
In conclusion, Elon Musk’s upcoming company talks for SpaceX and Tesla are expected to offer exciting updates and plans for the future. As Musk continues to push the boundaries of innovation in both the space and electric vehicle industries, these talks provide a platform for him to share his vision and captivate audiences worldwide.
