It’s been another tough week for Elon Musk’s market cap, as shares of Tesla and SpaceX both continue to slide.
But as the two companies extend their losing streaks, they can apparently rely on one of Musk’s biggest backers to keep the faith
On Monday, Cathie Wood added shares of SpaceX (SPCX) and Tesla (TSLA) after both fell more than… Related news Dow Jones Futures: U.S.-Iran Peace Hopes Send Oil Prices Plunging; Nvidia, Micron, Sandisk, SpaceX, Tesla Sell Off 7/27/2026 Dow Jones Futures: Oil prices plunged Monday amid U.S.-Iran peace hopes. Nvidia, Micron, Sandisk, SpaceX and Tesla sold off. 7/27/2026 Dow Jones Futures: Oil prices plunged Monday amid U.S.-Iran peace