Gerber took to X on Monday, saying that he was sure that investors of the EV giant were “excited for the spaceX earnings call” as they would “get Elon twice a quarter now.” Gerber then concluded his post by saying that “abundance” was “around the corner.”

Gerber also criticized Tesla’s Full Self-Driving (FSD) system, sharing that the technology “almost” caused an accident twice during the same ride after his Tesla vehicle abruptly braked when an emergency vehicle was passing it by with its sirens turned on.

However, Musk is confident about a rebound for SpaceX. On Monday, user @gfilche posted a screenshot of SpaceX’s stock movement since its IPO. The user called it an “insane opportunity” for people to buy the stock. Musk, responding to the user, agreed with his take. “I think so,” the billionaire said in his post.

Price Action: SpaceX shares surged 1.11% to $115.80 during overnight trading on Monday. At market close, SPCX was trading at $114.53 per share.

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