The Zhitong Finance App learned that on Wednesday, SpaceX (SPCX.US) opened low, with the biggest intraday decline of more than 4%. As of press release, it had dropped more than 3% to $143.7. Additionally, Tesla (TSLA.US) fell more than 2%. According to the news, while SpaceX's potential deal to acquire Tesla has attracted much attention, some experts pointed out that this acquisition may mean that Tesla has reached the edge of a cliff. Scott Galloway, a professor at New York University's Stern School of Business, warned that the merger between SpaceX and Tesla was to save Tesla at the expense of SpaceX shareholders' interests.

The Zhitong Finance App learned that on Wednesday, SpaceX (SPCX.US) opened low, with the biggest intraday decline of more than 4%. As of press release, it had dropped more than 3% to $143.7. Additionally, Tesla (TSLA.US) fell more than 2%. According to the news, while SpaceX's potential deal to acquire Tesla has attracted much attention, some experts pointed out that this acquisition may mean that Tesla has reached the edge of a cliff. Scott Galloway, a professor at New York University's Stern School of Business, warned that the merger between SpaceX and Tesla was to save Tesla at the expense of SpaceX shareholders' interests.