The historic event took place on May 30 for both Americans and all of humanity. But the launch of astronauts into space by SpaceX is also important for Tesla.
Both companies are created and run by the great engineer Elon Musk. Of course, the successful first SpaceX flight with astronauts on board had a positive effect on Tesla’s image, which had a positive effect on the company’s stock.
Dow Jones futures were little changed Monday morning, along with S&P 500 futures and Nasdaq futures. Last week, the rally in the stock market had some strong intraday fluctuations, but ultimately ended in significant growth. The Dow Jones and S&P 500 index led, but the Nasdaq reasserted leadership on Friday. The wild action showed the importance of having a market rally game plan ahead of time.
Tesla stock, Microsoft stock, UnitedHealth stock and Domino’s stock are all above some buy points. Tesla stock is on the Leaderboard watchlist.
TSLA stock jumped 3.6% on Friday to $835, if it become a real winner, it should be able to power through these other levels. In early premarket trading, Tesla stock rose nearly 3% to $857, which would be above the $843.29 entry. At the time of writing the article, stocks are trading at $878 per share and rose nearly 5%.