SpaceX Will Release Earnings Through X and Its Website Only. Is That a Red Flag?
Companies typically push earnings releases through major news wire services, but Elon Musk is going his own way again.
SpaceX Will Release Earnings Through X and Its Website Only. Is That a Red Flag?
Overview
SpaceX (NASDAQ: SPCX) held what was, for now, the largest initial public offering (IPO) in history. The event was headline-grabbing news for months before the IPO, as the world watched to see what would happen. The stock rose smartly, as many had hoped. But CEO Elon Musk has a habit of pushing the boundaries, and he isn't done yet with SpaceX.
What should investors make of the decision to release earnings through only the company's website and Elon Musk-owned X?
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Details
Source
Originally published at www.fool.com.
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