SpaceX's $1.75T IPO Rumors Threaten to Eclipse Tesla's Hype

Forbes warns a blockbuster SpaceX IPO at $1.75 trillion could steal investor excitement from Tesla, pressuring its narrative amid slowing EV growth and Q1 results showing $22.4 billion revenue and $477 million net income, both up 16% YoY but below prior quarters. This builds on a prior Lex column flagging an 'inevitable collision' between the Musk-led firms over capital, talent, and governance risks. Analysts expect portfolio reshuffling and heightened volatility in TSLA shares rather than mass selling.