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Did Elon Musk Just Say "Checkmate" to Boeing?

TheMotleyFool 
0 0 27.06.24
Did Elon Musk Just Say "Checkmate" to Boeing?Photo, wide shot, wide-angle lens, Aerospace components, Midday, harsh overhead sunlight, directional sunlightt, photo by Thomas Heaton: https://img.midjourneyapi.xyz/temp/3938f51e-9b01-45a9-aed1-ff9d047063fc.png
 

The stock market has gotten off to a great start in the first half of 2024. The S 500 has gained 14.3% while the Nasdaq Composite is up 17.6% so far this year.

One stock that hasn't done so well is (NYSE: BA). Shares of Boeing have cratered over 33%, as the aerospace company has been at the center of numerous controversies surrounding safety protocols in its jetliners as well as a management shakeup.

In the midst of all the hoopla, outspoken entrepreneur Elon Musk may have dealt yet another blow to Boeing. Let's dive into how Musk is disrupting the aerospace industry, and determine if Boeing is turning into a falling knife.

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Source Fool.com

Boeing Co. Stock

€200.25
0.290%
Boeing Co. gained 0.290% compared to yesterday.
The stock is one of the favorites of our community with 44 Buy predictions and 4 Sell predictions.
As a result the target price of 230 € shows a slightly positive potential of 14.86% compared to the current price of 200.25 € for Boeing Co..
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