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Is Space X Really Heading for a Crash?

TheMotleyFool

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SpaceX and Tesla (NASDAQ: TSLA) CEO Elon Musk is prone to hyperbole. Over the years, he's uttered more than a few whoppers, many of which have been faithfully recorded on the metaculus.com website.

Remember how he predicted, back in 2016, that SpaceX would put a "Red Dragon" spacecraft on Mars in just a couple of years? (It never happened, and SpaceX later canceled plans to build a Red Dragon.)

Or do you recall Musk's prediction that Tesla would go private at a valuation of "420"? (That got Tesla in hot water with the SEC -- but with the stock now trading for nearly three times $420, I'll bet Tesla investors are happy the 2018 prediction didn't come to pass.)

Source Fool.com

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