Billionaire David Einhorn Says SpaceX Is Making History, but Not in a Good Way

Key Points Einhorn sees Space Exploration Technologies' credit rating as a major risk for the company. Bullish analysts still expect SpaceX to burn tens of billions of dollars in cash per year for the better part of a decade. SpaceX has massive potential, but investors need to account for high levels of risk. 10 stocks we like better than Space Exploration Technologies › In David Einhorn's most recent letter to shareholders of his hedge fund, Greenlight Capital, he specifically called out Space Exploration Technologies (NASDAQ: SPCX) , which went public last quarter.