From Barron’s: 2025-06-06 16:11:00

Tesla stock saw a significant increase on Friday, trading as high as $305.50 and closing just above $295, up nearly 4%. This comes after a sharp decline due to the Musk-Trump feud, with shares dropping to $284.7 on Thursday, down 14%, causing a market value loss of over $150 billion.

The Destiny Tech100 closed-end fund, with SpaceX accounting for over half of its holdings, experienced a 6% rise on Friday, closing at $39.74. The fund had suffered a nearly 13% drop on Thursday, but Friday’s gain helped recover about 40% of the previous day’s losses.



Read more at Barron’s: Tesla Stock, SpaceX Fund Claw Back Losses