U.S. Stocks in Motion | Acquisition of Tesla Questioned as "Poverty Alleviation," SpaceX (SPCX.US) Once Fell Over 4%

Zhitong Finance APP has learned that on Wednesday, SpaceX (SPCX.US) opened low and moved lower, with an intraday maximum decline of more than 4%. As of press time, it was down more than 3% at $143.7. In addition, Tesla (TSLA.US) fell more than 2%. On the news front, as the potential transaction of SpaceX acquiring Tesla attracts much attention, some experts pointed out that this acquisition may mean Tesla has reached the edge of a cliff. Scott Galloway, a professor at New York University's Stern School of Business, warned that the merger of SpaceX and Tesla would save Tesla at the expense of SpaceX shareholders' interests.