Geopolitics Alpha

Elon Musk Confirms ‘Global Bankruptcy’ Fears As Tesla And SpaceX Explore Bitcoin Price Game-Changer

Published . Updated .

Market Call

Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.

Get these market calls by email

The week's biggest market-moving stories, Congress trades and Trump posts, with the tickers they touch. Free, one email a week.

Free. We only use your email to send the digest, never sell or share it, and every email has a one-click unsubscribe link. See our privacy policy.

GEOPOLITICS ALPHAElon Musk Confirms ‘GlobalBankruptcy’ Fears As Tesla AndSpaceX Explore Bitcoin Price…TSLASPCXGEOPOLITICS ALPHA

This report is about crypto.

Directly affected

  • TSLA Tesla-7.7% 30d

    Named in this report.

  • SPCX Space Exploration Technologies-23.1% 30d

    Named in this report.

Indirectly affected

  • IBIT iShares Bitcoin Trust-8.0% 30d

    iShares Bitcoin Trust: it follows bitcoin. Linked by “bitcoin” (crypto) in this story.

  • COIN Coinbase Global-29.9% 30d

    Coinbase Global (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “bitcoin” (crypto) in this story.

  • MSTR Strategy-16.4% 30d

    Strategy (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “bitcoin” (crypto) in this story.

  • MARA MARA Holdings-7.6% 5d

    MARA Holdings (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “bitcoin” (crypto) in this story.

  • RIOT Riot Platforms-35.9% 30d

    Riot Platforms (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “bitcoin” (crypto) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
TSLA+12.76%+7.53%baseafter closeafter closeafter closeafter close
SPCX+1.62%+1.27%baseafter closeafter closeafter closeafter close
IBIT+1.12%+5.69%baseafter closeafter closeafter closeafter close
COIN+2.28%+12.47%baseafter closeafter closeafter closeafter close
MSTR+1.36%+10.45%baseafter closeafter closeafter closeafter close
MARA+1.34%+8.43%baseafter closeafter closeafter closeafter close
RIOT-29.17%-7.90%baseafter closeafter closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Elon Musk Confirms ‘Global Bankruptcy’ Fears As Tesla And SpaceX Explore Bitcoin Price Game-Changer Forbes

Source: Forbes

This story

CompanyWhenMoveStatus
COINthree days earlier+12.47%final price
COINfive days earlier+2.28%final price
IBITthree days earlier+5.69%final price
IBITfive days earlier+1.12%final price
MARAthree days earlier+8.43%final price
MARAfive days earlier+1.34%final price
MSTRthree days earlier+10.45%final price
MSTRfive days earlier+1.36%final price
RIOTthree days earlier-7.90%final price
RIOTfive days earlier-29.17%final price
SPCXthree days earlier+1.27%final price
SPCXfive days earlier+1.62%final price
TSLAthree days earlier+7.53%final price
TSLAfive days earlier+12.76%final price

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

This story

12 out of 100

“Elon Musk Confirms ‘Global Bankruptcy’ Fears As Tesla And SpaceX Explore Bitcoin Price Game-Changer” scores 12 out of 100. The score uses 1 sources.